Copy
View this email in your browser

M&Q Acquires Outlook Group

Capital Partners® Strengthens Plastic Packaging Platform

Capital Partners® is pleased to announce that M&Q Holdings, LLC (“M&Q”), a portfolio company of Capital Partners Private Equity Income Fund II, LP (“CP II”), acquired the operating assets and liabilities of Outlook Group Corp (“Outlook”) on October 17, 2016.  M&Q was recapitalized in December 2015 with equity sourced from CP II along with M&Q’s senior management team and was CP II’s sixth platform investment.

Michael Schmal, president and CEO of M&Q, said, “We are excited to partner with Outlook. The combination is highly strategic because it brings together M&Q’s film and bag packaging with Outlook’s complementary labels, paperboard boxes, flexible package printing, conducting assembly and packaging operations. The new, larger platform will bring customers a comprehensive suite of packaging solutions supported by world-class engineering. Together, we will leverage our combined strengths by offering turn-key, more comprehensive, packaging solutions to support our customers’ growth. Capital Partners and management remain focused on continued growth through organic initiatives and acquisitions.”

As with its other investments, Capital Partners® structured the initial M&Q recapitalization and the Outlook transaction primarily with equity and only a moderate level of debt financing to provide a strong balance sheet from which to grow.

Founded in 1977, Outlook Group (www.outlookgroup.com) is a leading provider of custom packaging solutions primarily food & beverage, consumer products and medical end markets. They focus on printing labels, cutting and printing on paperboard boxes, printing onto flexible packaging, and conducting assembly and / or packaging operations for customers using third party packaging and, in many cases, the customer’s product to create a finished good shippable directly to retailers.  Outlook has over 275 highly-dedicated employees who operate out of two facilities in Neenah, Wisconsin. M&Q plans to operate Outlook largely independently.  There are no planned changes to Outlook’s management, staff, facilities, suppliers, or customers.

Founded in 1956 and headquartered in Schuylkill Haven, Pennsylvania, M&Q (www.mqplastics.com) designs and manufactures proprietary high-temperature resistant thermoplastic nylon, polyester, and polyamide packaging solutions for a variety of end markets. With more than 110 employees, the Company offers customers superior technology for custom packaging products with an ability to process different types of plastics, as well as deliver specific and specially-made solutions to various plastic applications coupled with a strong commitment to quality and customer satisfaction. M&Q serves over 1,500 active customers in the institutional, commercial, and home foodservice markets as well as the aerospace, defense, healthcare, pest control, and industrial manufacturing sectors. 

Capital Partners and management remain focused on continued growth through organic initiatives and acquisitions.   Please contact the Capital Partners Investment Team with additional platform investment or add-on opportunities.
 
Capital Partners’ philosophy is to acquire companies with defensible market positions and partner with exceptional management teams.

Investment characteristics:
Seasoned and experienced management teams with strong entrepreneurial drive
Prefer to acquire and expand companies in concert with existing management
Control and minority investments
Asset purchase or equivalent preferred (typically companies organized as S Corporations, LLC’s, Partnerships or divisions of larger companies)
EBITDA between $4MM and $25MM
Strong, committed management teams
Demonstrated ability to produce excess cash flow
Manageable customer concentration
Sectors: Manufacturing, Services, Distribution, Consumer, Food

Investment Team:
Brian Fitzgerald
Founder & Managing Director
email »
Mark Allsteadt
Managing Director
email »
Robert Tucker
Managing Director
email »
Edwin Tan
Managing Director
email »
John Willert
Principal
email »
Thorsten Suder
Principal
email »
Mark Langer
Principal
email »
Russ Spieler
Principal
email »
James Sidwa
Chief Financial Officer
email »
Sarah Paquet
Senior Associate
email »
Ben Brennan
Associate
email »
Chris Faux
Associate
email »

About Capital Partners

Capital Partners (www.capitalpartners.com) is a private investment firm founded in 1982. Our principals have invested in more than 75 platform and add-on acquisitions across a variety of industries.Based on the combination of solid investment discipline and our low leverage approach, we have successfully partnered with management teams through multiple economic cycles.
Copyright © 2016 Capital Partners, Inc., All rights reserved.

http://www.capitalpartners.com

unsubscribe from this list    update subscription preferences