Sponsor in need of junior debt and equity capital in support of acquisition with tight commitment timeframe
C.P. Converters, Inc. (d/b/a C-P Flexible Packaging) is a manufacturer of flexible packaging products primarily for food and personal care customers throughout the United States. Headquartered in York, Pennsylvania, C.P. Converters has been a producer of film-based flexible packaging for over 50 years and offers a full range of adhesive laminated and extrusion laminated structures. The Company focuses on private label packaging in end markets with high SKU counts, such as snack foods. Products include multi-ply laminations, surfaced printed rollstock, labels, stand-up pouches, pre-applied closures, and printed shrink sleeves. C.P. Converters’ customers include major blue-chip food companies and several high growth brands, such as Shearer’s, Kellogg’s, Ocean Spray, and Pirates Brands.
Falcon partnered with a private equity firm with a history of successful investments in the packaging space. Working under a tight timeframe, Falcon utilized its knowledge of the packaging industry to provide a flexible capital solution to support the acquisition.