Deal Brief Materials - Imprint Plus

Deal Highlights

  • CCL Industries acquired Imprint Plus for $25 million in April 2018. 
  • Imprint engaged Capital West Partners (IMAP Canada) to explore a sale of the business as the founders were looking to retire. 
  • Following a comprehensive transaction process, CCL Industries was selected to acquire the business, given their industry expertise, compelling valuation and ability to continue the company’s legacy. 
  • Imprint Plus is one of North America’s leading manufacturers of custom name badge systems, signage systems and related accessories. 
  • CCL Industries, a multi‐national manufacturer of specialty packaging and pressure sensitive materials, has been making numerous add‐on acquisitions and Imprint Plus provided a strong addition to its product offering.

 

Market Outlook

  • There has been increased M&A activity in the promotional products space. 
  • CCL Industries has made a number of acquisitions of name‐badge and specialty packaging material  manufacturers and is actively seeking additional acquisition candidates. 
  • Private equity interest for niche manufacturing businesses is very robust.

 

Valuation Summary

  • Total Enterprise Value = $25 million CAD1 
  • TEV/EBITDA = 6.25x.

 

IMAP Approach

  • Capital West Partners (IMAP Canada) was the exclusive Financial Advisor to Imprint Plus and handled all aspects of the transaction process. 
  • Running a comprehensive transaction process, a number of private equity and strategic buyers were contacted. Numerous offers were received and through the deal tension generated by the transaction process, Imprint Plus received a strong valuation from a highly regarded industry buyer. 
  • Capital West Partners has considerable transaction expertise with niche manufacturing businesses, as well as a strong understanding of the key private equity participants in the space. 

 

Client Comment

Marla Kott, Former President of Imprint Plus:
“Capital West Partners ran a great transaction process and solicited numerous strong offers for our Company. They helped us throughout the process and were critical in the successful completion of this transaction.”

Other articles

2021

Deal Announcement - Materials - CSi Packing

read the full publication >
2021

Deal Announcement - ABE Capital

read the full publication >

Do you have any questions?

Contact Us