News & Insights

Recent News

BlackArch Partners Advises on Sale of World Wide Packaging

CHARLOTTE, NC (May 22, 2018) – BlackArch Partners (“BlackArch”) is pleased to announce the sale of World Wide Packaging, LLC (“WWP” or the “Company”), a former portfolio company of ShoreView Industries, to Bain Capital Private Equity. 

WWP, headquartered in Florham Park, New Jersey, is a provider of packaging to the Health and Beauty industry.  WWP, recognized for excellence in innovation, design and engineering, collaborates with leading multinational and specialty brands to develop packages that are most commonly used in skin care and color cosmetics.  The Company’s product lines include lipstick and lip gloss cases, compact cases, pots, jars, bottles and flexible tubes.  WWP serves customers though a Company-owned manufacturing facility in Suzhou, China, as well as a global network of third-party suppliers.

BlackArch was retained by ShoreView Industries and management to serve as the Company’s exclusive financial advisor.  

Tom D’Ovidio, Partner at ShoreView Industries, commented:  “The BlackArch team once again exceeded our expectations with their level of professionalism and commitment to superior client service throughout this transaction.  Their thoughtfulness in positioning a distinctive platform company spanning both the packaging and consumer sectors, understanding a dynamic industry landscape and articulating a compelling growth story ensured that WWP attracted a global partner well-suited for its next phase of growth.”

Barry Freda, Chief Executive Officer at WWP, added:  “In a word, our deal experience with BlackArch was simply ‘delightful.’  The entire BlackArch team was responsive, attentive and treated our process with the utmost care of a true partner.  They took time to understand our business model and industry, and provided access to the best packaging buyers globally in a tailored process.  This incredible level of client service resulted in a great outcome for our Company and shareholders with an exciting new partner for our future.”

About ShoreView Industries

ShoreView Industries, based in Minneapolis, Minnesota, manages $900 million in private equity funds.  ShoreView invests in established, middle-market companies with operations in North America, across a wide range of industries.  ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.  For more information, visit www.shoreview.com.

About Bain Capital Private Equity

Bain Capital Private Equity has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984.  Bain Capital Private Equity’s global team of approximately 220 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare, consumer/retail, financial and business services, industrials, and technology, media and telecommunications.  Bain Capital has offices in Boston, Chicago, New York, Palo Alto, San Francisco, Dublin, London, Munich, Melbourne, Mumbai, Hong Kong, Shanghai, Sydney and Tokyo.  The firm has made primary or add-on investments in more than 760 companies since its inception.  In addition to private equity, Bain Capital invests across asset classes including credit, public equity and venture capital, managing approximately USD 95 billion in total and leveraging the firm’s shared platform to capture opportunities in strategic areas of focus.  For more information, visit www.baincapitalprivateequity.com.

About BlackArch Partners

BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations.  BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions.  Headquartered in Charlotte, North Carolina, with offices in New York, New York, Chicago, Illinois and Houston, Texas, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on 4 continents.  For more information, visit www.blackarchpartners.com.

Securities offered through BlackArch Securities LLC. Member 
FINRA and SIPC.  Testimonials may not be representative of the experience of all clients.  Testimonials are not a guarantee of future performance or success.