Barings Provides Financing for Lindsay Goldberg Acquisition of Golden West Packaging
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
Brian Whelan, Barings, 704.805.7244, email@example.com
Information om Globenewswire
Følg pressemeddelelser fra Globenewswire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Globenewswire
Bombardier Inc.6.12.2018 12:01 | Pressemeddelelse
Bombardier provides 2019 Business Unit guidance highlighting strength across the portfolio, and reaffirms its 2020 financial objectives
Erytech Pharma S.A.5.12.2018 18:01 | Pressemeddelelse
Monthly information related to total number of voting rights and shares composing the share capital – October 31, 2018
Open Society Foundations5.12.2018 17:47 | Pressemeddelelse
Mayors Migration Council to Launch in Marrakesh Ahead of UN Conference on Migration
VistaJet Ltd5.12.2018 12:31 | Pressemeddelelse
VistaJet Launches the First Global Program for Wine in the Air
LeddarTech inc.3.12.2018 06:03 | Pressemeddelelse
LeddarTech Announces Exhibitor Status at CES 2019 at its Award-Winning Pavilion in Las Vegas
GlobeNewswire, Inc.1.12.2018 17:02 | Pressemeddelelse
This is a test from GlobeNewswire
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum