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Kekst CNC handles Crestview Partners as the private equity company acquires Smyth Cos., a leading packaging goods operation, from Novacap.
The transaction is in tandem with Smyth’s founding family, and Scott Fisher, who helms the Minnesota-based company. Food, household goods, health & beauty, and automotive aftermarket companies use Smyth’s products.
Crestview says it’s committed to supporting Smyth’s plan to pursue both tuck-in and transformational acquisitions across the flexible packaging markets.
"We believe Smyth holds a uniquely strong position within the broader prime labels market driven by its innovative, customer-first approach, comprehensive product portfolio, and reputation for exceptional product quality, which enable the Company to flexibly serve leading consumer packaged goods customers at scale,” said Bradford Williams, Crestvew partner and co-head of industrials group.
Based in New York, Crestview manages funds with about $10 billion of aggregate capital commitments.
Kekst CNC partners Jeffrey Taufield, Daniel Yunger, and analyst Bay Dotson represent Crestview.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
