Initial Public Offering
Baird served as a co-manager on this offering.
AboutMulti Packaging Solutions International Limited (“MPS” or the “Company”) (NYSE: MPSX), a portfolio company of The Carlyle Group (NASDAQ: CG) and Madison Dearborn Partners ("Madison Dearborn"), recently completed an initial public offering of 18,975,000 shares of common stock (including full exercise of the overallotment option) at a price of $13 per share, generating gross proceeds of $246.7 million. Of the shares offered, 15,500,000 were sold by MPS and 3,475,000 shares were sold by selling shareholders. The Company will not receive any proceeds from the shares sold by the selling shareholders. The Company intends to use the net proceeds from the offering to repay debt and pay related premiums, accrued and unpaid interest.
MPS is a leading global provider of value-added packaging solutions to a diverse customer base across the healthcare, consumer and multi-media markets. MPS provides its customers with an extensive array of print-based specialty packaging solutions, including premium folding cartons, inserts, labels and rigid packaging across a variety of substrates and finishes. MPS has 59 manufacturing locations across North America, Europe and Asia and employs approximately 8,900 people. MPS is headquartered in New York, New York.
The Carlyle Group is a global alternative asset manager with $193 billion of assets under management across 130 funds and 156 fund of funds vehicles as of June 30, 2015. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: industrial, aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 40 offices across six continents and is headquartered in Washington, D.C.
Madison Dearborn Partners is a leading private equity investment firm in the United States. Since Madison Dearborn's formation in 1992, the firm has raised six funds with aggregate capital of over $18 billion and has completed approximately 130 investments. Madison Dearborn invests in businesses across a broad spectrum of industries, including business and government services, basic industries, consumer, financial / transaction services, health care and telecom, media and technology services. Madison Dearborn is based in Chicago, Illinois.
For additional information about this transaction, please contact:
- October 2015
- Multi Packaging Solutions International Limited
- Target Location
- North America
- Acquiror Location
- North America