April, 2023. Peakstone served as exclusive M&A advisor to Food Packaging Consultants, Inc. (dba ForeFront Packaging) in connection with its sale to Drost Investment Group, LLC.Founded in 2004, ForeFront is a leading provider of outsourced packaging services, primarily serving blue chip manufacturers of various food products. Customers are highly reliant on ForeFront’s unique combination of services including: i) Packaging product selection/sourcing/design & labeling, ii) Stocking/warehousing/distribution operations, and iii) Complete supply chain management (including production planning and forecasting) for products provided. Laura (Boucher) Miller, CEO and founder of ForeFront noted, “We engaged Peakstone to find a partner that understood our unique value-added business model, and who also brought additional skills and capital to accelerate our growth. Peakstone conducted a very thorough process and with their advice, patience, and hard work we were able to complete a transaction with a great partner – Drost Investment Group.” Charlie Drost, Principal of Drost Investment Group said, “We are excited to partner with Laura and the ForeFront management team. The Company has a clear and unique value proposition helping both food and non-food manufacturing companies with their highly important packaging needs.”
Terms of the transaction were not disclosed.For additional information please contact:
Mark Horita, Managing Director, 312-346-7308, firstname.lastname@example.org
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