• Mac Papers is the leading value-added paper and packaging distributor of the Southeast US

• The acquisition will bolster Mac Papers’ corrugated and packaging product portfolio

• Highlights the firm’s expertise and relationships within the packaging industry

CHICAGO, September 13, 2021 – Mesirow, an independent, employee-owned financial services firm, today announced it  acted as the exclusive financial advisor to Monomoy Capital Partners (“Monomoy”) and its portfolio company Mac Papers and Packaging (“Mac Papers” or the “Company”) on Mac Papers’ acquisition of Dependable Packaging Solutions (“DPS”), a Miami, FL based distributor of corrugated products, point of purchase displays and packaging products for the e-commerce, agricultural, floral and general retail markets.

Mac Papers is the leading value-added paper and packaging distributor of the Southeast US. Founded in 1965, the Company operates distribution centers and retail stores throughout the Southeast and serves as a trusted distribution partner for paper and print, packaging materials and equipment, wide format products and equipment, facility supplies and office products. The acquisition of DPS will enhance Mac Papers’ existing portfolio of products and supply chain logistics while enhancing operational capacity and efficiency. DPS and the Company will continue to operate independently while integration plans are implemented to effectively utilize the strengths of both organizations.

“The deep industry knowledge and expert guidance provided by Mesirow during this process proved instrumental in executing this successful outcome for the Company,” said Matt Farrell, a Monomoy Vice President. “Mac Papers’ partnership with DPS will accelerate the growth of both businesses and greatly benefit the Company’s customers, suppliers, and employees.”

Rick Weil, Managing Director of Mesirow Investment Banking, said, “We are pleased to have represented Monomoy and Mac Papers throughout this transaction. We believe this acquisition will bolster Mac Papers’ presence in the packaging distribution industry and enable both organizations to deliver even greater value to the market.”

The acquisition of DPS by Mac Papers 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 Mac Papers and Packaging
One of the largest wholesale distributors in the southeastern United States, Mac Papers and Packaging is a trusted partner for paper and print, packaging materials and equipment, wide format products and equipment, facility supplies and office products. The company also converts and prints an extensive range of standard and custom envelopes at its state-of-the-art converting facility in Jacksonville, Florida. The First Coast city is also home to the Company’s headquarters office. Founded in 1965, Mac Papers and Packaging operates distribution centers and retail stores throughout the Southeast.  To learn more about Mac Papers, please visit www.macpapers.com

Mac Papers and Packaging is owned by Monomoy Capital Partners, a private equity firm with $2.7 billion in committed capital that invests in middle-market businesses in the manufacturing, industrial, distribution and consumer products sectors.  To learn more about Monomoy, please visit www.mcpfunds.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 Monomoy Capital Partners, Mac Papers and Packaging, Dependable Packaging Solutions, 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.