Harris Williams Advises Rohrer Corporation on its Sale to Wellspring Capital Management
March 18 2021 - 9:28AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces it advised Rohrer Corporation
(Rohrer), a portfolio company of ShoreView Industries (ShoreView),
on its sale to Wellspring Capital Management (Wellspring). Rohrer
is a leading manufacturer of high-visibility consumer packaging
solutions in North America. The transaction was led by Patrick
McNulty, Brad Morrison, Jenson Dunn, Chuck Walter, Caroline
Inglesby and Neal Quirk of the Harris Williams Industrials
Group.
“Given Rohrer’s unique capabilities and broad portfolio of
essential products and services, we believe the company is poised
for continued strength with Wellspring as its new partner,” said
Brad Morrison, a managing director at Harris Williams.
“It was a pleasure working with Rohrer and ShoreView on this
transaction and we are excited to watch Rohrer continue to evolve
under Wellspring’s ownership,” added Patrick McNulty, a managing
director at Harris Williams.
Founded in 1973, Rohrer is one of the largest suppliers of
high-visibility retail consumer packaging in the U.S. Rohrer's
impressive capabilities include a wide array of printed paperboard
products and thermoformed plastic products. Additionally, Rohrer's
design services, heat seal tooling production and heat seal
machinery distribution make Rohrer a true one-stop shop for
packaging solutions. Rohrer is committed to consistently providing
a better package to build brands and businesses.
Founded in 2002, ShoreView is a Minneapolis-based private equity
firm that has raised over $1.3 billion of committed capital across
four funds. ShoreView partners with family or entrepreneurial-owned
companies across many sectors, including engineered products,
distribution, industrial services, business services, healthcare
and niche consumer products. ShoreView structures a variety of
acquisition, recapitalization and build-up transactions, typically
in businesses with revenues ranging between $20 million and $300
million.
Wellspring is a leading private equity firm headquartered in New
York. Since its founding in 1995, Wellspring has raised over $4.5
billion of initial capital commitments through six private equity
funds. Over the past 25 years, Wellspring has invested in over 45
platform investments across various segments of the U.S. and global
economies. Wellspring’s objective is to bring partnership,
experience and value creation to each investment.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across Industry Groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams Industrials Group has experience across a
variety of sectors, including advanced manufacturing; 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 website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210318005581/en/
For media inquiries, please contact Julia Moore at
media@harriswilliams.com.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Aug 2024 to Sep 2024
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Sep 2023 to Sep 2024