SSG Capital Advisors acted as the investment banker to Walle in the sale of substantially all of its assets to Fort Dearborn, a portfolio company of Advent International.
Headquartered in Atlanta, Walle manufactures printed labels, primarily for the food, beverage, and household products industries. The company has two plant locations. Its New Orleans plant produces lithographic cut and stack paper as well as film labels and in-mold labels. Its Winchester, KY plant produces flexographic roll-fed and shrink sleeve labels.
The company had experienced dramatic top line growth since 2008 and had consistently reinvested in the business to maintain state-of-the-art production capabilities, which positioned it well for continued growth. However, certain non-recurring, external factors affected production beginning in 2018, thereby constraining liquidity.
SSG was retained by Walle to conduct a comprehensive and expedited marketing process to solicit offers from strategic and financial buyers. Fort Dearborn’s offer ultimately provided the best value for all stakeholders. SSG’s industry knowledge and experience running efficient sale processes enabled the company to maximize the value of the enterprise and seamlessly transition its operations to Fort Dearborn.
Fort Dearborn is a supplier of high impact decorative labels based in Elk Grove, IL.
