Madison Street Capital recently acted as the exclusive financial advisor for Sterling Packaging effort to expand into the United States at a new facility in Monroeville, Alabama. Druid Capital Partners provided the equity capital for the facility, and the deal was announced by the CEO of Madison capital, Charles Botchway. Sterling Packaging is headquartered in Selkirk, Manitoba, and manufactures folding cartons in the United States and Canada. As one of the leading carton manufacturers in the Northern Hemisphere, the company is positioned for phenomenal growth with the addition of the equity financial services provided by Madison Street Capital’s team of financial and business development professionals.
Details of the Expansion
Jay Rodgers, Senior Managing Director of Madison Street Capital, spearheaded the project for Madison Capital and worked closely with Sterling Packaging principals and founders Jim and Debbie Hickson. Rodgers commented, “The team at Sterling Packaging, led by its founders, Jim and Debbie Hickson, has done an excellent job of building a scale business with a superior product offering. Sterling Packaging’s broad customer base will benefit from the expansion solutions that will come to fruition on an expedited timeline now with Druid Capital Partners’ financial backing. We are pleased to have assisted in bringing these parties together.”
Sterling Packaging, which was founded in 1989, designs and manufactures folded-paperboard cartons for various industries including food and beverage service, craft beer packaging, pharmaceuticals, cosmetics and hardware products among others. The company enjoys a big advantage in the bottling industry because it manufactures the carriers used to carry six-packs, four-packs, craft beer packages and other denominations of bottles.
Monroeville, Alabama, site of the new U.S. facility, joined in the partnership and celebration. Alabama Governor Kay Ivey, Monroeville Mayor Joseph Oglesby and U.S. Rep. Bradley Byrne praised Sterling for establishing the facility and creating jobs for the town. The facility required a $6 million investment that’s sure to stimulate the local economy. The plant is located in a 60,000-square-foot building, and operations are expected to create 55 jobs.
Madison Street Capital Facilitates Equity Funding for Major Projects
Madison Street Capital, as a respected international investment banking firm, has earned a reputation as a great facilitator. The company brings together clients and financiers for mergers, acquisitions and international expansions for both public and private companies. The company focuses on emerging market trends that include fostering globalization, finding new approaches for solving classic business problems and formulating better practices for corporate finance.
The company has built a reputation as one of the “fastest growing boutique investment banks” in the world. Regularly receiving awards for innovation and service, the company in 2017 has won the 2017 M&A Advisor Award, Turnaround Award for Restructuring Deal of the Year and the M&A Deal of the Year Award.
Druid Capital Partners Joins Expansion Project
Madison Street Capital recruited Druid Capital Partners to provide the necessary growth equity investment. Madison enjoys a long history of bringing together clients and investors at the highest level of finance and manufacturing. Druid Capital Partners work closely with clients in manufacturing, industrial services and distribution throughout the southeastern United States, and the company always takes a partnership approach with clients. The investment company’s team of providers and operators focus on being respectful, getting to know each company and making relevant financial suggestions based on each client’s goals, mission, shared values and stakeholder interests.
Druid Capital’s managing partner, Martin Holt, praised and welcomed all parties involved in the international expansion. Druid Capital Partners, which is a boutique operation specializing in private business development in the southeastern states of the United States, made an ideal investment partner for Sterling Packaging because the company’s investment management group prefers to work with established companies in manufacturing and distribution that seek to expand, recapitalize or leverage majority acquisitions in other companies.
Holt praised the contributions of all the expansion’s partners and singled out Jim and Debbie Hickson and their manufacturing team for special commendations for their strong work ethic, core value system, outstanding success and self-confident plans to expand their operations. Headquartered in Chicago, Madison Street Capital’s website address is www.madisonstreetcapital.com. Druid Capital Partner’s website address is www.druidcapital.com and Sterling Packaging’s Web address is www.sterlingcpi.com. People can also get answers to their questions in person by contacting Madison Street Capital at 312-529-7000 between the hours on 8:00 a.m. and 5:00 p.m. CST.
About Madison Street Capital
Madison Street Capital is a unique investment bank that functions more like a specialized business consultant that provides a suite of business-related financial services to its clients. Founded in 2005, the investment bank treats every client as a unique patron and strives to understand the company’s mission, concept and core values to find the ideal equity partner for achieving each company’s short- and long-term goals. The Madison Street team works as a middle-market clearinghouse for putting together financial-service deals such as corporate financial advisories, business valuations, ownership transfers, mergers and acquisitions. Unlike many capital companies, Madison Street Capital supports emerging markets and provides all its clients with the highest level of professionalism, confidentiality and business support, which include educating clients on complex financing strategies.
Identifying the right financial advisor can be a major challenge in today’s rapidly evolving business environment. Business owners can quickly become overwhelmed and discouraged before their equity plans get launched. Madison Street Capital facilitates putting the right clients with the right investors to build long-term working relationships, With offices in North America, Africa and Asia, Madison Street is ideally situated to take advantage of emerging markets and globalization on an international scale.
Although Madison Street Capital demonstrates sound financial strategies and the highest caliber of fiduciary responsibility, the company retains the ability to empathize with its clients and find the best options for financing and capitalization based on each company’s needs, goals and current strengths and weaknesses. The investment bank also strives to give back to the global community through charitable programs with key philanthropic organizations like the United Way. The company supports the Midwest and South Disaster funds that help victims of natural disasters such as hurricanes, earthquakes, floods and other catastrophes.