Citizens M&A Advisory served as exclusive financial advisor to Lacerta Group on its recapitalization by SK Capital.

Lacerta is a privately-owned provider of solutions primarily serving the food end market.

SK Capital is a private investment firm focused on specialty materials, chemicals and pharmaceuticals sectors.

“Citizens’ M&A team did an outstanding job representing Lacerta and its shareholders. Citizens’ deep industry knowledge was imperative in executing a highly competitive process during a global pandemic, which resulted in us finding an ideal partner in SK Capital. We were thoroughly impressed with their ability to position our business and demonstrate Lacerta’s unique value proposition in the food packaging market,” Mory Lofti, CFO and principal of Lacerta, said.

“It was a pleasure representing the Lotfi family in their recapitalization of the company with SK Capital. This transaction is part of a longstanding relationship between Citizens and Lacerta,” Ralph M. Della Ratta, co-head of M&A Advisory at Citizens, said.

“We believe the company has found an ideal partner in SK Capital to help support its exceptional growth while continuing to innovate and further optimize operations,” Kevin Mayer, managing director at Citizens, said.

Citizens M&A Advisory provides advisory services in middle market mergers and acquisitions as well as later-stage financing transactions