Jun 18, 2023

Capstone Partners Advised Norwood Paper on Its Sale to Bulklift International

Capstone Partners advised Norwood Paper—a leading manufacturer of packaging materials—on its sale to Bulklift International, a portfolio company of New Water Capital.

Norwood Paper Inc. is one of the largest woman-owned and managed wholesalers of chipboard in the United States. The family-run company was founded in 1972 and specializes in non-box related packaging such as skid liners, dust covers, tier sheets, and divider sheets. For more information, please visit norwoodpaper.com.

In a difficult acquisition financing environment—and in the midst of commodity pricing hitting heights not seen since the last supercycle—Capstone continues to deliver great results to clients in the Packaging sector, finding them optimal partnerships that allow for continued success.

Mike SchumacherManaging Director, Capstone Partners

Bulk Lift International is a designer, producer, and distributor of bulk packaging and shipping products. Headquartered in Illinois, with state-of-the-art manufacturing facilities in Mexico, India, and China, Bulk Lift has established a reputation for top quality and flexibility, using deep technical expertise to develop custom products designed to help reduce customers’ total packaging costs. For more information, please visit Bulklift.com.

New Water Capital L.P. is a private equity firm focused on lower-middle market companies in the consumer products and industrial manufacturing and services sectors with revenues of $30 million to $300 million. New Water Capital’s collaborative transaction and operating model is built specifically to support companies in transition, building on their unique cultures and strengths. For more information, please visit newwatercap.com.

The expert investment banking professionals on Capstone Partners’ Industrials Investment Banking Team work with leading middle market companies operating in the Packaging sector to advise on their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Industrials Investment Banking Team, contact us here.