.
MergerLinks Header Logo

New Deal


Announced

Completed

TJC completed the acquisition of Soteria Flexibles from Ardian.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Containers and Packaging

Majority

Domestic

Private Equity

Friendly

United States

plastic packaging

Acquisition

Private

Completed

Single Bidder

Synopsis

Edit

TJC a middle-market private equity firm, completed the acquisition of Soteria Flexibles, a manufacturer of customized flexible plastic packaging, from Ardian, a private equity fund. Financial terms were not disclosed. “It has been a privilege partnering with Ardian, since the creation of Soteria in 2019. Ardian’s support, insights and resources have been instrumental in Soteria’s ability to innovate and accelerate growth in a segment of the flexibles packaging industry that has historically been segmented and underrepresented. We look forward to continuing our successful journey and cementing our position as a national leader in high-performance films and flexible package manufacturing.” Brad Herbolsheimer, Soteria Flexibles Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US