Forvis Mazars Capital Advisors (FCA) is proud to announce it advised SMC Packaging Group (SMC) on its recent sale to Green Bay Packaging Inc. (GBP). The transaction, which closed on May 31, 2024, marks a significant milestone for both companies.
Founded in 1972, SMC Packaging Group has garnered an outstanding reputation for its innovative corrugated packaging solutions. With over 50 years of growth, expansion, and technological advancement, SMC operates across multiple locations in Missouri, Arkansas, and Oklahoma. Its Midwest roots instill a strong work ethic, a commitment to safety, and a focus on delivering quality products, customized solutions, and exceptional customer satisfaction.
SMC initially consulted with FCA regarding the timing of a potential sale and other various aspects related to the process. It ultimately engaged FCA’s dedicated team of investment banking professionals in 2023 to provide its comprehensive suite of sell-side advisory services centered on a potential sale of the company. Given SMC’s strong desire to find a buyer committed to carrying forward its impressive culture and performance, FCA tailored its marketing approach to companies with track records of prioritizing operational excellence and company culture. After running a targeted sell-side process, SMC chose to partner with GBP, a family-owned, vertically integrated packaging company with 41 facilities in 16 states, that has been serving customers since 1933. GBP shares SMC’s core values and operating philosophies and offered broader resources to continue fueling SMC’s planned growth.
The unwavering commitment by the FCA team to listen to its client’s goals and objectives and developing a competitive negotiating process led to a rewarding outcome, one that exceeded SMC’s expectations. This serves as a notable example of our ability to deliver an Unmatched Client Experience®.
About Forvis Mazars Capital Advisors, LLC.
FCA is a leading broker-dealer and investment banking firm serving the investment banking and corporate finance needs of middle-market companies. FCA provides sophisticated merger and acquisition consulting, capital formation, and succession planning services to family-owned, entrepreneur-led, and closely held businesses. FCA has investment professionals located across the U.S. with deep industry and transaction experience. With access to the national resources of Forvis Mazars, LLP, our dedicated FCA team has the experience and resources to assist you in determining the liquidity or growth strategy to help you unlock and create value for your business.