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New Deal


Announced

HCI Equity-backed AmerCareRoyal to acquire TTM.

Financials

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

Tags

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United States

packaging company

Majority

Private Equity

Pending

Friendly

Single Bidder

Containers and Packaging

Acquisition

Private

Domestic

Synopsis

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HCI Equity-backed AmerCareRoyal, a wholesaler, agreed to acquire Thermosource Tooling and Manufacturing, a packaging company. Financial terms were not disclosed. "TTM's exceptional design and engineering capabilities, particularly in unique packaging formats, complement our existing product lines and capabilities, allowing us to provide a more comprehensive offering to our combined customer base. Bringing TTM under the AmerCareRoyal umbrella presents significant cross-selling opportunities, especially in segments where we have been seeking to expand, while also growing the product offering available to TTM's customers," Scott Milberg, AmerCareRoyal CEO.

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