Dunes Point Capital Fund III, LP provided the controlling equity for the transaction
The debt for the transaction was provided by Twin Brook Capital Partners. (Credit: AdoreBeautyNZ from Pixabay)
Dunes Point Capital, LP (“DPC”) has acquired K-1 Packaging Group, LLC and Everest Packaging Corp, LLC (together, the “Company” or “K-1”). Located in City of Industry, CA, K-1 is a designer and provider of custom turnkey packaging solutions primarily to the wellness and personal care end-markets. K-1 has three manufacturing facilities in California, one procurement and quality control office in Shenzhen, China, and employs approximately 220 people.
Dunes Point Capital Fund III, LP provided the controlling equity for the transaction. The debt for the transaction was provided by Twin Brook Capital Partners.
Kirkland & Ellis LLP served as legal advisor to DPC, and Alvarez & Marsal’s Global Transaction Advisory Group served as financial advisor to DPC. Hexagon Capital Alliance served as financial advisor to K-1.
DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion.
Source: Company Press Release