Peakstone & Harrington Brown Advise Vidya Holdings on Real Estate Acquisition

March, 2022. Vidya Holdings, a family of companies focused on premium quality packaging, printing, and converting to middle market firms desiring quality, creativity and speed to market, announced that it has completed the 1031 tax deferred exchange acquisition of a 73,000 square foot retail property. Peakstone and Harrington Brown advised Vidya on the transaction. David Brown, Peakstone Managing Director and President of Harrington Brown led the engagement.Peakstone previously advised the principals of Vidya on the sale of their portfolio company – Flexo Converters – along with its two manufacturing facilities. Peakstone advised Flexo Converters to sell its real estate assets separately and create the opportunity for a 1031 tax deferred exchange. Peakstone developed a strategy to maximize after tax proceeds and reinvest into a new property providing current income, growth and the ability to continue assessing future real estate acquisitions.According to Brown, “Under a tight timeframe, Peakstone and Harrington Brown worked with Vidya to develop investment criteria and searched opportunities nationwide through our network. We analyzed several multifamily, industrial and retail property investment opportunities and advised Vidya on the acquisition of a 73,000 square foot retail property in Skokie, IL that is 100% leased to Floor & Décor.”Terms of the transaction were not disclosed.

For additional information please contact:David Brown, Managing Director, 312-543-6782, dbrown@harrington-brown.com

Stephen Sleigh, Managing Partner, 312-346-7318, ssleigh@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.About Harrington Brown LLCHarrington Brown, LLC is a boutique real estate investment, development and advisory firm founded by David Brown in 2009. David has 36 years of experience generating property value through asset management, development, redevelopment and leasing, as well as creatively positioning assets for sale. He combines his extensive institutional real estate knowledge, experience and relationships with a passion for community building and responsible land use. For more information, please visit www.harrington-brown.com.About Vidya Brands GroupVidya Brands Group is a family of companies focused on premium quality folding cartons, packaging, printing and converting to middle market firms desiring quality, creativity and speed to market. The Patel family sold Flexo Converters, a manufacturer and distributor of stock, custom and recycled paper bags and sacks, to Novolex, a Carlyle portfolio company, in July 2021 and created Vidya Holdings to invest further in the packaging industry. For more information, please visit www.vidyabrands.com.

Peakstone Advises Leading Industrial Automation Platform on Recapitalization and Add-on Acquisition

March, 2022. Peakstone served as exclusive financial and M&A advisor to RōBEX LLC (“RōBEX” or the “Company”) in connection with the Company’s majority sale to Angeles Equity Partners (“Angeles”) and simultaneous add-on acquisition of Mid-State Engineering, LLC (“Mid-State”).“Angeles represented the ideal partner for our next phase of growth. They understand our vision and offer the resources, expertise, and scale that we were looking for to create a leading consolidator in the sector,” said Jon Parker, CEO of RōBEX.Mr. Parker added, “Peakstone was a true value-added advisor. Throughout the process, we were impressed with their creativity and tenacity. Closing our first add-on acquisition simultaneously with the majority sale to Angeles brought its share of complexities and we couldn’t have done it without Peakstone.”RōBEX is a precision integrator of industrial robots for the material handling space. The Company designs, builds, and installs custom robotic systems that improve productivity and safety through industrial, collaborative, and autonomous mobile robots.Mid-State Engineering is an automation integrator specializing in mechanical and electrical engineering and design, custom fabrication, and integration of custom engineered solutions.Angeles Equity Partners is a private equity firm that invests in companies across a wide range of sectors and specifically targets businesses which it believes can directly benefit from the firm’s strategic, operational, and M&A capabilities.

Terms of the transaction were not disclosed.

For additional information please contact:

Christian Colucci, Managing Director, 312-346-7349, christian@peakstone.comAlex Fridman, Managing Director, 312-346-7303, afridman@peakstone.comStephen Sleigh, Managing Director, 312-346-7318, ssleigh@peakstone.comTrevor Shaw, Analyst, 949-903-4145, tshaw@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.About Angeles Equity Partners, LLCAngeles Equity Partners, LLC is a private equity firm that invests in companies across a wide range of sectors and specifically targets businesses which it believes can directly benefit from the firm’s strategic, operational, and M&A capabilities. The Angeles skill set drives the firm’s investment philosophy and, in its view, can help businesses reach their full potential. Learn more online at www.angelesequity.com.About RōBEXRōBEX is a robotic material handling integrator founded in 2015 in Perrysburg, Ohio. The company uses its uncommon experience and expertise to bring value to customers through robotic solutions that improve productivity and safety. For more information, go to https://robex.us/.

Peakstone Advises Vidya Brands Group on Acquisition of Seaboard Folding Box Company

March, 2022. Vidya Brands Group, a family of companies focused on premium quality packaging, printing, and converting to middle market firms desiring quality, creativity and speed to market, announced that it has completed the acquisition of Seaboard Folding Box Company. Peakstone was Vidya Brands’ exclusive financial advisor on this transaction.Seaboard Folding Box Company (“Seaboard”) is the premiere provider of folding cartons in the northeastern United States serving customers desiring quality production and highly responsive customer service. Michael Mazur will remain in his role as President of Seaboard and his team will be partnering with Vidya Brands to continue to lead an aggressive growth and transformation plan.“We are extremely impressed with Seaboard’s leadership, employees and operations,” said Anik Patel, Chairman of Vidya Brands. “Seaboard’s team is dedicated to superior product quality and customer service – two attributes that are core to Vidya Brands’ philosophy.”“We would like to thank Peakstone and our team of professional advisors including, Sandhill Consulting Group, Miller Canfield Paddock & Stone, and Baker Tilly for successfully navigating Vidya Brands through this transaction” said Kurt Hardy, CEO of Vidya Brands.”

Terms of the transaction were not disclosed.

For additional information please contact:

Nick Clementi, Managing Director, 763-478-1777, nclementi@peakstone.com

Eric Dziedzic, Managing Director, 312-346-7314, eric@peakstone.com

Stephen Sleigh, Managing Partner, 312-346-7318, ssleigh@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

About Vidya Brands Group

Vidya Brands Group is a family of companies focused on premium quality folding cartons, packaging, printing and converting to middle market firms desiring quality, creativity and speed to market. The Patel family sold Flexo Converters, a manufacturer and distributor of stock, custom and recycled paper bags and sacks, to Novolex, a Carlyle portfolio company, in July 2021 and created Vidya Holdings to invest further in the packaging industry. For more information, please visit www.vidyabrands.com.

Peakstone Publishes Industry Reports

March, 2022. Peakstone’s industry reports can be accessed through the links below. We deliver sector knowledge, experience, and relationships to every client. Please contact us for additional information about our services.

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Peakstone Advises Vidya Brands Group on Acquisition of Dedicated Converting Group

March, 2022. Vidya Brands Group, a family of companies focused on premium quality folding cartons, packaging, printing, and converting to middle market firms desiring quality, creativity and speed to market, announced that it has completed the acquisition of the business of Dedicated Converting Group (“DCG”). Peakstone was Vidya Brand’s exclusive financial advisor on this transaction.

Dedicated Converting Group is a premiere supplier of coverboard products, including book covers and spines, laminating, and other services to the publishing, packaging, and ready to assemble furniture market, along with products for commercial clients throughout the United States.

“Vidya welcomes the Dedicated Converting (DCG) team to the Vidya Brands Group family of companies,” said Anik Patel, CEO of Vidya Brands. “After selling our family-owned business Flexo Converters, a manufacturer and distributor of stock, custom and recycled paper bags and sacks, to Novolex, a Carlyle portfolio company, in July 2021, we created Vidya Holdings to invest further in the packaging industry. We retained Peakstone as our exclusive buyside advisor to assist in the acquisition of high-quality businesses in the packaging industry. DCG is the first of several acquisitions we anticipate closing in 2022.”

Kurt Hardy, President of Vidya Brands said, “John Skelton, Dan Wilcutt and the other DCG managers and employees will be key to the growth of Vidya Brands in the years to come. Vidya Brand’s strength is surrounding itself with exceptional managers, skilled team members, and outstanding professionals. We appreciate our team of advisors who worked so diligently to make this transaction successful. We are especially grateful to The Peakstone Group, Sandhill Consulting Group, Miller Canfield and Baker Tilly.”

Terms of the transaction were not disclosed.

For additional information please contact:

Nick Clementi, Managing Director, 763-478-1777, nclementi@peakstone.com

Eric Dziedzic, Managing Director, 312-346-7314, eric@peakstone.com

Stephen Sleigh, Managing Partner, 312-346-7318, ssleigh@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.

About Vidya Brands Group

Vidya Brands Group is a family of companies focused on premium quality folding cartons, packaging, printing and converting to middle market firms desiring quality, creativity and speed to market. The Patel family sold Flexo Converters, a manufacturer and distributor of stock, custom and recycled paper bags and sacks, to Novolex, a Carlyle portfolio company, in July 2021 and created Vidya Holdings to invest further in the packaging industry. For more information, please visit www.vidyabrands.com.

Update: Packaging M&A Update – February, 2022

February, 2022

In 2021, median transaction value in Packaging climbed to $159 million, from just $65 million in 2020. In 2021, strategic buyers accounted for 83% of transactions, rising from 80% in 2020.

Select recent notable publicly announced M&A transactions:

– Sonoco Products Company closed its acquisition of Ball Metalpack for $1.4 billion in December 2021.

– Silgan Holdings closed its acquisition of Unicep Packaging for $237 million in September 2021.

– Silgan Holdings closed its acquisition of Gateway Plastics for $485 million in September 2021.

– Pactiv Evergeen closed its acquisition of Fabri-Kal Corporation for $380 million in September 2021.

– Graphic Packaging International closed its acquisition of Americraft Carton for $280 million in April 2021.

Update: Digital Commerce M&A Update – February, 2022

February, 2022

In 2021, median transaction value in Digital Commerce declined to $19 million, from $33 million in 2020. In 2021, strategic buyers accounted for 89% of transactions, an increase from 81% in 2020.

Select recent notable publicly announced M&A transactions:

– priceline.com closed its acquisition of Consumer Club for $1.2 billion in November 2021.

– Liquidity Services closed its acquisition of Bid4Assets for $53 million in November 2021.

– An unknown buyer closed its acquisition of an undisclosed stake in Straetgic Pharmaceutical Solutions for $57 million in September 2021.

– Thoma Bravo closed its acquisition of Stamps.com for $6.7 billion in July 2021.

– ATG Media closed its acquisition of Live Auctioneers for $525 million in June 2021.

Update: Transportation and Logistics M&A Update – February, 2022

February, 2022

In 2021, median transaction value in Transportation & Logistics rose sharply to $60 million, from $18 million in 2020. In 2021, strategic buyers accounted for 82% of transactions, declining from 87% in 2020.

Select recent notable publicly announced M&A transactions:

– Ryder System closed its acquisition of Whiplash for $480 million in December 2021.

– Knight-Swift Transportation closed its acquisition of RAC MME Holdings for $150 million in December 2021.

– Werner Enterprises closed its acquisition of NEHDS Logistics for $64 million in November 2021.

– CAE closed its acquisition of the AirCentre Airline Operations Portfolio of Sabre Corporation for $393 million in October 2021.

– Flix Mobility closed its acquisition of Greyhound Lines for $202 million in October 2021.

Update: Technology and Software M&A Update – February, 2022

February, 2022

In 2021, median transaction value in Tech & Software climbed to $53 million, from $33 million in 2020. In 2021, strategic buyers accounted for 92% of transactions, rising slightly from 91% in 2020.

Select recent notable publicly announced M&A transactions:

– Allied Motion Technologies closed its acquisition of Spectrum Controls for $70 million in December 2021.

– Denver Acquisition Corp. closed its acquisition of Ampere Computing Holdinngs for $128 million in December 2021.

– Matterport Operating closed its acquisition of Enview for $74 million in December 2021.

– Rocket Companies closed its acquisition of Truebill for $1.3 billion in December 2021.

– Thoma Bravo closed its acquisition of Bottomline Technologies for $2.7 billion in December 2021

Update: Infrastructure M&A Update – February, 2022

February, 2022

In 2021, median transaction value in Infrastructure climbed to $53 million, from just $18 million in 2020. In 2021, strategic buyers accounted for 89% of transactions, rising slightly from 88% in 2020.

Select recent notable publicly announced M&A transactions:

– PotlatchDeltic Corporation closed its acquisition of Loutre Land and Timber Company for $116 million in December 2021.

– Black River B 2017 closed its agreement to acquire a 10% stake in Sempra Global for $1.8 billion in December 2021.

– MasTec closed its acquisition of Henkels & McCoy Group for $593 million in December 2021.

– DMC Korea Inc. closed its acquisition of Machine Specialties, Inc. for $283 million in December 2021.

– West Indies Petroleum, Port Hamilton Refining and Transportation closed its acquisition of Limetree Bay Terminals for $62 million in December 2021.