Jordan Co., a private equity firm that specializes in buying and building companies, has acquired converter and specialty films manufacturer Transilwrap Co. Inc.
The deal closed Nov. 22, according to Houlihan Lokey Capital Inc., an investment banker headquartered in Los Angeles, which served as the sell side advisor. Terms were not announced.
Transilwrap President and CEO Andy Brewer said Jordan will “support our growth through market expansion, new product development and strategic acquisitions.”
Transilwrap, headquartered in Franklin Park, Ill., operates eight manufacturing facilities and nine distribution centers in North America. The company does specialized manufacturing and converting including liquid and extrusion coating, select sheet extrusion, as well as slitting, sheeting, magnetic striping, security and specialty printing. Its end markets include packaging, security and loyalty cards, healthcare, office products, print media and industrial segments.
Jordan said the existing management team at Transilwrap will continue in their same roles. Neither Jordan nor Transilwrap officials responded for requests for comment.
Tags: Private Equity, Private Equity firm, Private Equity group, Private Equity Company, Private Equity Fund, Private Equity investment, Private Equity investor, Fund of Fund, Private Equity business, Private Equity industry, PE, Jordan Co., Transilwrap Co. Inc., Houlihan Lokey Capital Inc., Los Angeles, Franklin Park, North America, Liquid, Extrusion Coating, Magnetic Striping, Security, Specialty Printing, Packing, Loyalty Cards, Healthcare, Office Products, Print Media, Industrial Segments.