July, 2024. Peakstone served as exclusive financial advisor to Pacific Paper Tube, LLC in connection with the Company’s purchase of the paper tube and core division of Hytech Paper Products, Inc. (“Hytech”).
Pacific Paper Tube, based in Stockton, California, is a leading, multi-facility manufacturer in the paper tube and core industry. PPT has successfully serviced a variety of end markets with cores, protective packaging, and construction tubes. The Company has a strong history of acquisitions and successful geographic expansion. The Hytech acquisition will further the Company’s existing opportunities in the British Columbia market.
Hytech Paper Products is a British Columbia based manufacturer of paper products including paper tubes and cores, paper rolls, and protection board. PPT and Hytech had a history of partnership in the industry.
Pacific Paper Tube’s Chairman, Patrick Wallace, said, “PPT has grown from a small start-up to the largest independent tube and core manufacturer west of the Mississippi and the Hytech acquisition will help us continue growing our market share in the industry, the northwestern U.S. market, and more specifically the British Columbia market.”
Peakstone served as PPT’s M&A advisor. Carney Badley Spellman, P.S. served as PPT’s legal counsel.
For additional information please contact:
Nick Clementi, Managing Director, nclementi@peakstone.com
Brad Lehl, Managing Director, blehl@peakstone.com
Michael Dobin, Analyst, mdobin@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.