In May 2019, Brixey & Meyer Capital (“BMC”) announced they have successfully completed the acquisition of Patriot Converting, Inc., a provider of custom paper converting and logistical solutions for the paper packaging industry.
Cherry Tree’s Role
Cherry Tree was engaged by Patriot Converting, Inc. to advise the company on its strategic alternatives related to the sale of the company. Cherry Tree led the process that included introductions and discussions with numerous potential acquirers and financial partners, soliciting proposals, negotiating terms, supporting the due diligence process, and facilitating the closing of the transaction.
“The Cherry Tree team provided the advice and counsel we needed both before and during the sale process. They were involved every step of the way and were instrumental in us being prepared for the demands which come with selling your company. Their leadership and disciplined approach resulted in a great outcome for our family, employees and customers.” – – Mike Stilwell, Owner, Patriot Converting, Inc.
About Patriot Converting, Inc.
Based in Elk River, Minnesota, Patriot Converting, Inc. was founded in 2003 and is a provider of custom paper converting and logistical solutions for the paper packaging industry , serving customers across the Midwest. Patriot Converting has a second facility in Newton, IA. For more information, visit Patriot Converting, Inc
About Brixey & Meyer Capital
Based in Ohio, with offices in Dayton, Cincinnati and Columbus, Brixey & Meyer Capital is a lower middle market private investment firm focused on impact investing in the manufacturing, healthcare, distribution and business services sector. For more information, visit Brixey & Meyer Capital
About Cherry Tree & Associates
Cherry Tree & Associates is a private investment banking firm headquartered in Minneapolis, Minnesota. Founded in 1980, it specializes in M&A transactions for both buyers and sellers of middle market companies. Additionally, it conducts private placements for attractive, entrepreneurially managed growth companies, provides strategic advisory services to CEOs and boards of directors, and prepares fairness opinions and other valuation services. For more information, visit Cherry Tree & Associates