Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Transactions / M••••••• H•••••••

N••• Capital Announces Sale of its Fresh Produce Packaging Platform – M••••••• H•••••••

Exit to a strategic buyerannouncedannounced Feb 2, 2023Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
industrials / packaging
Target location
unknown
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
10 named
Buy side
  • G••• L••Strategic acquirerconfirmed
    RA’ANANA, Israel – N••• Capital (“N•••”) announced the sale of M••••••• H••••••• (dba “StePac”), a leading provider of modified atmosphere packaging solutions for fresh produce, to GTCR-backed PPC Flexible Packaging (“PPC”).
  • R••• R••••••••, a Vice President with N•••, added, “While we are sad to part ways with StePac relatively early in our hold period, we are extremely pleased to see StePac evolve into a premier innovator of fresh produce packaging solutions and are confident that together with its deep pipeline of inn
  • B•• A••••Deal partnerconfirmed
    “It has been a tremendous partnership with CEO Asaf Shachnai and the rest of the StePac senior management team, from the moment of our initial investment,” said B•• A••••, a Partner with N••• Capital and former Director of StePac.
Sell side
  • RA’ANANA, Israel – N••• Capital (“N•••”) announced the sale of M••••••• H••••••• (dba “StePac”), a leading provider of modified atmosphere packaging solutions for fresh produce, to GTCR-backed PPC Flexible Packaging (“PPC”). | published on N••• Capital Management P.E.'s own news page nilicapital.com
Advisory side
  • W•••••• B••••Financial adviserconfirmed
    W•••••• B•••• served as financial advisor and K••••••• & E•••• served as legal advisor to PPC.
  • M••••••Financial adviserconfirmed
    M•••••• served as financial advisor, and B•••• R••• L•• and G•• G•••• • C•• served as legal advisors to N••• and StePac.
  • K••••••• • E•••• L••Legal adviserconfirmed
    W•••••• B•••• served as financial advisor and K••••••• & E•••• served as legal advisor to PPC.
  • B•••• R••• L••Legal adviserconfirmed
    M•••••• served as financial advisor, and B•••• R••• L•• and G•• G•••• • C•• served as legal advisors to N••• and StePac.
  • G•• G•••• • C••Legal adviserconfirmed
    M•••••• served as financial advisor, and B•••• R••• L•• and G•• G•••• • C•• served as legal advisors to N••• and StePac.
Side not stated
  • RA’ANANA, Israel – N••• Capital (“N•••”) announced the sale of M••••••• H••••••• (dba “StePac”), a leading provider of modified atmosphere packaging solutions for fresh produce, to GTCR-backed PPC Flexible Packaging (“PPC”).
Evidence
RA’ANANA, Israel – N••• Capital (“N•••”) announced the sale of M••••••• H••••••• (dba “StePac”), a leading provider of modified atmosphere packaging solutions for fresh produce, to GTCR-backed PPC Flexible Packaging (“PPC”).
N••• Capital Announces Sale of its Fresh Produce Packaging Platform – M••••••• H••••••• | Private Equity Intelligence | DFX