|
|
 |
|
Promontory Point Capital is pleased to announce our firm's most recent client success with Bentley World Packaging, Ltd.
|
|
Bentley World Packaging, Ltd.
("BWP") provides export and specialty packing services to an enviable list of blue chip clients within the defense, energy, heavy duty equipment & machinery, manufacturing, mining, and transportation sectors. Established in 1942, this Milwaukee-based, family-held business has grown over the years both organically, through the addition of value-added services, and externally, via strategic acquisitions in Ohio, Maryland, and Pennsylvania.
During the last few years, BWP began executing upon a strategy to increase its focus on key customers and to expand the Company's value-added capabilities in parts distribution as well as in kitting & packaging services for the on- & off-road equipment, industrial, and military markets. Additionally, BWP's in-house packaging test lab along with its SnapCrate product line - a collapsible, reusable, cost effective crating system - are among the Company's other value-added offerings experiencing rapid growth.
The Company engaged Promontory Point Capital ("PPC") to evaluate strategic alternatives for the business, including a review of key functional areas, geographic markets of focus, and other longer-term strategic initiatives. Given an increased focus on value-added services, many of which are delivered from BWP's Milwaukee and Baltimore locations, PPC explored, and advised on, the sale of the Company's Ohio and Pennsylvania operations. During June of 2017, BWP agreed to divest of its Ohio and Pennsylvania operations to Indiana-based Deufol Sunman, a division of Germany-based Deufol SE
.
|
|
|
|
|
|
Promontory Point Capital
is a Milwaukee-based investment banking firm focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has led over 100 client engagements including the arrangement of debt and equity financing, the evaluation of business sale and recapitalization options, and the planning and execution of growth strategies involving acquisitions, mergers, and joint ventures.
Situations where Promontory Point Capital has been helpful include:
- Business owners and management teams wishing to better understand their options for exploring a full or partial sale of their business, a shareholder recapitalization, or the acquisition of another entity.
- Financing needs encompassing bank and non-bank financing, subordinated debt, and/or equity capital ranging from $5MM to $100MM to fund activities such as internal growth, expansion, shareholder redemptions, some level of senior debt repayment, and/or acquisitions.
- Companies facing operational challenges or those that are financially over-extended, where our firm's profit improvement skills and sources of non-bank financing can both stabilize and better capitalize our client's business.
We welcome your confidential inquiry and encourage you to visit our website at
|
|
Chris Riegg
Partner
|
Bill Penkwitz
Partner
|
|
|
|
|
|
|
Thomas Gregg, Jr.
Senior Associate
|
Mike Burmesch
Senior Associate
|
Andrew Eck
Associate
|
|
|
|
|
|
|
|