Bowstring Advises Inmark in its Recapitalization by Quad-C Management
March 15, 2016 | Atlanta, GA
Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Inmark Packaging, a leading distributor of rigid container and life sciences packaging, in its recapitalization by Quad-C Management. While specific terms have not been disclosed, the deal was structured as an owner-operator recapitalization, allowing the company’s management to retain a significant ownership in the business.
Based in Atlanta, Inmark Packaging is a leading global provider of packaging solutions, with locations in North America, Europe and Asia. Founded in 1975, the company primarily distributes rigid container packaging, and designs and distributes life sciences packaging solutions for specimen transport, temperature-controlled and dangerous goods applications. Inmark also provides online dangerous goods regulatory compliance training.
“After vetting numerous potential partners, we selected Quad-C due to their industry expertise as well as their historical success in partnering with owner-operators like myself,” said David Oyler, CEO of Inmark. “We have completed three acquisitions in the past three years, and we felt bringing on a partner like Quad-C, with substantial capital, industry and M&A expertise, would allow us to accelerate growth further.” Oyler further notes, “We are very thankful for the Bowstring team and their commitment to finding the right partner for Inmark.”
Jason Wallace, Managing Director at Bowstring Advisors, said, “We enjoyed working with the management team of Inmark as they evaluated partnership opportunities and are pleased to bring about a successful outcome. The Company is a clear industry leader due to the quality of their solutions and dedication to their clients. Inmark has found a great partner in Quad-C that will support them in their organic and acquisition-driven growth strategies moving forward.”
We felt bringing on a partner like Quad-C, with substantial capital, industry and M&A expertise, would allow us to accelerate growth further. We are very thankful for the Bowstring team and their commitment to finding the right partner for Inmark.