Greenwich, Connecticut based GHK Capital Partners LP, a middle-market private equity firm, announced that it completed the acquisition of JohnsByrne, based in Niles, Illinois.
Founded in 1959, JohnsByrne is a provider of premium folding carton packaging and specialty print solutions serving a diverse set of consumer end markets. Terms of the acquisition were not disclosed.
GHK’s acquisition of JohnsByrne will empower the company to continue its pursuit of future organic and inorganic growth endeavors, while also advancing and diversifying its product portfolio and customer-centric sales strategy.
“We highly value our relationship with, and the trust of, the Gustafson family as we embark on our partnership with JohnsByrne,” said Gil Klemann, Managing Partner of GHK.
“We are honored to continue the Company’s legacy of quality, innovation, and customer service in the premium packaging market and believe JohnsByrne is an exciting plat form well-equipped for substantial organic growth.”
JohnsByrne CEO Corey Gustafson said they are thrilled to enter into a partnership with GHK, an organization that aligns with their vision for the future expansion of the company as well as its dedication to customers, employees, and suppliers.
“During the past 64 years, we have been fortunate to build a client list that includes some of the most prestigious corporate brands in the country, creating memorable and distinctive packaging solutions that elevate their brand presence,” said Gustafson.
“Now, our new partnership with GHK will bring exciting new strategic and financial capabilities to our business.
“Together with GHK, we will be able to further strengthen our ability to deliver even more on our promise to ‘press the limits’ of packaging innovation and performance.”
JohnsByrne was advised by Deloitte Corporate Finance LLC and represented by Vedder Price PC.
GHK was advised by Mesirow Financial, Inc. and represented by Weil, Gotshal & Manges LLP.
JohnsByrne sells to a diverse set of health and beauty, consumer, entertainment, spirits, and financial services customers throughout North America.
GHK is focused on making control investments in industrial companies across North America.
For more information, visit www.johnsbyrne.com or
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