Sale to Larsen MacColl Partners, LP and NewSpring Capital
Services - Distribution, Logistics and Fulfillment Packaging - Distribution
S. Walter Packaging Corp. ("S. Walter" or the "Company"), a portfolio company of Brynwood Partners, was acquired by Larsen MacColl Partners, LP, with mezzanine financing provided by NewSpring Capital. S. Walter designs, sources and delivers coordinated packaging solutions that enhance the brands of leading retailers across North America. Since its founding in 1904, the Company has grown to become the largest independent distributor of top-quality bags, boxes and retail packaging accessories for national retail chains, regional specialty shops and local apparel boutiques, among others. The Company also holds a strong position in certain specialty and industrial packaging markets, such as college bookstores and sewn-products industries. Larsen MacColl and NewSpring, in partnership with management, intend to leverage S. Walter's strong market position and global sourcing capabilities to aggressively grow the Company both organically and through acquisition.