• APC Paper is a leading producer of recycled paper packaging products for food service and retail markets

• The acquisition will further APC Paper’s long-term growth objectives while strengthening ProAmpac’s market position in the recycled and sustainable product categories

• The sale executed by Mesirow highlights the firm’s expertise within the paper sector

CHICAGO, August 10, 2021 – Mesirow acted as exclusive financial advisor to APC Paper Group (“APC Paper” or the “Company”) on its sale to ProAmpac, a leader in flexible packaging and material science and portfolio company of Pritzker Private Capital.

APC Paper is a leading producer of recycled paper packaging products for food service and retail markets. Operating from two best-in-class mills in Norfolk, NY and Claremont, NH, the Company specializes in the production of 100% recycled kraft paper products and primarily serves food service packaging, consumer products, e-commerce, industrial and home improvement markets. The acquisition of APC Paper will expand ProAmpac’s paper manufacturing capabilities and strengthen its market position in the important recycled and sustainable product categories.

Tom Moore, President of APC Paper, commented, “Mesirow served as a trusted advisor to the APC Paper team throughout the process. Mesirow’s dedication, knowledge of the paper industry and long-standing industry relationships translated into a highly efficient process and successful outcome for all parties involved.”

“We valued the opportunity to advise APC Paper throughout this process,” said Louis Mitchell, Managing Director of Mesirow Investment Banking. “The Company has established itself as a nimble and innovative partner to their deep-rooted customer base. We believe ProAmpac is the ideal strategic partner to further APC Paper’s long-term growth objectives while maintaining the Company’s leading industry position.”

The sale of APC Paper to ProAmpac represents another successful assignment completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the paper, plastics and packaging sectors, having completed more than 150 transactions over the past 20 years. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top Workplaces by the Chicago Tribune.

About APC Paper Group
APC Paper Group has been a leader in the recycled paper industry since 1991. APC Paper produces high-quality, 100% recycled paper products for customers in the food service, building and consumer retail markets. APC Paper’s mills have been in operation since the 1800’s and the company has facilities in Claremont, N.H. and Norfolk, N.Y. For more information, visit www.apcpaper.com.

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with APC Paper Group, ProAmpac, Pritzker Private Capital, or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.