Mesirow Financial Advises Color Optics, Inc. on its Sale to Arcade Marketing, a Subsidiary of Visant Corporation
Mesirow Financial acted as exclusive financial advisor to Color Optics, Inc. ("Color Optics" or the "Company") in its sale to Arcade Marketing ("Arcade"), the leading worldwide provider of fragrance, cosmetic and personal care sampling solutions. Arcade Marketing is a subsidiary of Visant Corporation (“Visant”).
Based in Saddle Brook, New Jersey, Color Optics is a specialized packaging provider, offering highly decorated packaging solutions. The Company is a preferred supplier to high end cosmetics, consumer products, liquor and entertainment players.
"Both Vestor and the Color Optics team truly appreciate Mesirow's understanding of the unique packaging segment Color Optics serves," said Bob Oliver, managing director at Vestor Private Equity. "Their persistence and guidance through this process resulted in the successful combination of two highly complementary businesses."
Bill Hornell, managing director of Mesirow Financial, added, "We thoroughly enjoyed working with the Vestor, Color Optics and Visant teams to bring about this transaction. The already evident strategic collaboration between Arcade Marketing and Color Optics should yield future growth and success."
The transaction represents another successful assignment completed by Mesirow Financial's Investment Banking group. Having completed over 80 packaging transactions in recent years, Mesirow Financial is one of the most active advisors in the paper, plastics, packaging and specialty printing sectors.
About Arcade Marketing
Arcade Marketing is a pre-eminent global developer and producer of multi-sensory and interactive sampling systems for the fine fragrance, cosmetics and personal care segments. For more information please visit www.arcadeinc.com.
About VISANT Corporation
Visant Corporation, together with its subsidiaries, operates as a marketing and publishing services enterprise servicing the school affinity, direct marketing, fragrance and cosmetics sampling, and educational and trade publishing segments. Its Marketing and Publishing Services segment, of which Arcade Marketing is a part of, provides multi-sensory and interactive advertising sampling systems for the fragrance, cosmetics, and personal care markets.
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 Color Optics, Inc., Arcade Marketing, Visant Corporation , 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.