Harris Williams & Co. Advises TricorBraun Holdings, Inc. on its Sale to AEA Investors LP

November 30, 2016

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces the sale of TricorBraun Holdings, Inc. (TricorBraun), a portfolio company of CHS Capital (CHS), to funds sponsored by AEA Investors LP (AEA). TricorBraun is a leading provider of rigid packaging solutions. The transaction was led by Bob Baltimore and Derek Lewis of Harris Williams & Co.’s Specialty Distribution Group and Patrick McNulty, Brad Morrison, John Lautemann and Brandt Carr of the firm’s Industrials Group.

“Through its partnership with CHS, TricorBraun has strengthened its position as a global, industry-leading provider of rigid packaging solutions,” said Bob Baltimore, a managing director at Harris Williams & Co. “Favorable industry dynamics as well as strong opportunities to continue to grow both organically and through acquisitions bode well for TricorBraun’s continued success.”

“It has been a pleasure working with TricorBraun’s management team and shareholders,” added Patrick McNulty, a managing director at Harris Williams & Co.  “We are excited to see the company, with the support of its new partner, build on its existing leadership position and execute management’s growth strategy.”

TricorBraun helps bring their customers’ new and existing products to market efficiently as one of the packaging industry’s largest suppliers of plastic and glass containers, closures, dispensers and tubes from over 40 locations throughout North America and internationally, including London; Guangzhou, China; Hong Kong and Mumbai, India.  TricorBraun’s award-winning design and innovation center gives their customers forward-thinking service based on consumer insight, understanding of the markets and creative solutions. In addition, advisory services range from preliminary planning and manufacturing oversight to an array of innovative warehousing and logistics programs.

CHS is a Chicago-based private equity firm with over 25 years of experience investing in the middle market. Through partnerships with strong management teams, CHS aims to accelerate earnings growth and drive value creation through human capital initiatives, performance improvement actions and strategic growth initiatives. Throughout its history, CHS has made investments in over 400 businesses and invested $2.9 billion of capital.

AEA was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets.  AEA’s active individual investors include an extraordinary network of more than 75 of the world’s leading industrial families, business executives and former government leaders. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai.  The firm manages funds that have approximately $10 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments.  AEA Private Equity invests across four sectors: value added industrial products, specialty chemicals, consumer and retail and services.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co.’s Specialty Distribution Group has experience across a variety of sectors, including branch-based distributors; specialty catalog and direct marketing; consumer; industrial, MRO and safety; automotive and heavy duty aftermarket; building and construction products; healthcare; technology; electrical and communications; and alcohol, tobacco and firearms. For more information on the firm’s Specialty Distribution Group, visit the Specialty Distribution Group’s section of the Harris Williams & Co. website.

Harris Williams & Co.’s Industrials Group has experience across a variety of sectors, including advanced manufacturing; aggregates, metals, and mining; building products; chemicals and specialty materials; industrial technology; and packaging. For more information on the firm’s Industrials Group and other recent transactions, visit the Industrials Group’s section of the Harris Williams & Co. website.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.