Mesirow Advises Silver Spur On Sale Of Funds Managed By Kelso & Co. Mesirow acted as exclusive financial advisor to Silver Spur Corporation, a portfolio company of Meridian General, on its sale to funds managed by Kelso & Company, a 40+ year old private equity investment firm. Silver Spur will be combined with Kelso’s existing investments in C.L. Smith and Inmark, distributors of rigid container and life sciences packaging products. Headquartered in Cerritos, California, Silver Spur is a supplier of high-quality glass and plastic bottles, jars, caps and closures used across a diverse range of end markets. The company’s commitment to service, competitive solu- tions and ability to quickly source and supply high-quality products from a global base of manufacturers has differ- entiated the Company in the marketplace. The combina- tion of Silver Spur with C.L. Smith and Inmark will help to broaden the combined entity’s portfolio of product offer- ings while accelerating the company’s operational and fi- nancial growth initiatives. “Mesirow was instrumental in identifying a strong stra- tegic partner for Silver Spur,” said Ravi Rao, Founder and Chairman of Meridian General. “Their depth and knowl- edge of the packaging industry resulted in an effective and successful transaction process. We look forward to the company’s continued growth. “We greatly appreciated the opportunity to work with Silver Spur throughout this process,” commented Rick Weil, Managing Director of Mesirow Investment Banking. “The company is well-positioned for both organic and inor- ganic future growth – we believe Kelso is the ideal partner to advance these opportunities for expansion.” Chris Yike, Vice President of Mesirow Investment Bank- ing, added, “Silver Spur’s strong reputation for service and unique market position enabled us to facilitate this optimal partnership. The combination of Silver Spur with C.L. Smith and Inmark will strengthen the company’s customer-fo- cused value proposition and growth potential.” Heritage Paper Company Appoints Greer McCampbell-Hill CEO Denville, New Jersey based Heritage Paper Company announed that Greer McCampbell-Hill has been appoint- ed as the company’s Chief Executive Officer, succeeding Charles McCampbell, who has served as CEO of the com- pany since he founded the business in 1980. McCampbell will assume a new position as Chairman of the company’s board, providing counsel and guidance to HPC’s leadership and support for the ongoing successful execution of the company’s long-term strategic plan. “Greer has prepared most of her life to be an entrepre- neur. She has spearheaded successful business develop- ment programs and managed thriving teams,” said Charles
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May 24, 2021
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