Barings Provides Financing for Lindsay Goldberg Acquisition of Golden West Packaging
(Thomson Reuters ONE) -
CHARLOTTE, N.C., Sept. 18, 2017 (GLOBE NEWSWIRE) -- Barings, one of the world's
leading asset management firms, announced today that it served as co-
documentation agent and participated in providing a senior secured credit
facility to support Lindsay Goldberg's investment in Golden West Packaging Group
LLC, a holding company created earlier this year for investments in the
packaging industry.
The financing facilitated Golden West Packaging's acquisition of four
independent packaging companies and a co-owned captive sheet feeder to create a
leading West Coast mill-independent system that provides custom packaging to a
diversified customer base with an emphasis on the wine, food, produce and e-
commerce markets.
"Golden West Packaging has created a compelling value proposition with its
ability to offer a wide array of custom packaging, folding cartons and displays
along with its extensive production capabilities and full-service support," said
Scott Chappell, Managing Director in Barings' Global Private Finance Group.
"We're confident the company will benefit greatly from Lindsay Goldberg's
significant industry experience as Golden West Packaging seeks to leverage its
scale, diverse end markets and attractive geography."
About Barings LLC
Barings is a $288 billion* global asset management firm dedicated to meeting the
evolving investment and capital needs of our clients. We build lasting
partnerships that leverage our distinctive expertise across traditional and
alternative asset classes to deliver innovative solutions and exceptional
service. A member of the MassMutual Financial Group, Barings maintains a strong
global presence with over 600 investment professionals and offices in 16
countries. Learn more at www.barings.com.
*As of June 30, 2017
Contact:
Brian Whelan, Barings, 704.805.7244, brian.whelan(at)barings.com
17/635
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Barings via GlobeNewswire
Datum: 18.09.2017 - 17:00 Uhr
Sprache: Deutsch
News-ID 560286
Anzahl Zeichen: 2494
contact information:
Town:
Charlotte
Kategorie:
Business News
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