FocalPoint Advises on Sale of Rohrer Corp. to Wellspring Capital

ShoreView Industries (“ShoreView”), in partnership with management, has completed the sale of Rohrer Corporation (“Rohrer” or the “Company”) to Wellspring Capital Management LLC (“Wellspring”). The terms of the transaction were not disclosed. 

Headquartered in Wadsworth, Ohio, Rohrer is a manufacturer of high-visibility paperboard and thermoformed plastic consumer packaging including graphically intensive blister, skin, folding carton, high volume board packaging, and clamshell packaging. Rohrer’s partners enjoy industry-leading speed, quality, and value as well as beautiful design and inventive solutions through its custom packaging programs.

ShoreView acquired Rohrer in December 2009 in partnership with the founding Rohrer family to consolidate the fragmented high-visibility packaging sector. During its ownership, the Company completed four add-on acquisitions, made significant investments in production equipment and hired new senior leadership under a planned transition of family executives from day-to-day management to board roles. Since 2009, company revenues have grown from $67 million to over $200 million.

With the closing of this transaction, Rohrer’s senior management team, led by CEO Steve Wirrig, will continue to lead the business. “Rohrer has found an excellent fit with Wellspring,” said Mr. Wirrig. “We believe Wellspring shares our vision of delivering innovative consumer packaging solutions. This partnership supports the continued growth of our business so we can provide industry-leading packaging solutions for our customers.”

Managing Director Mike Del Pero, who leads FocalPoint’s Specialty Industrials Group added, "We are thrilled to have worked with ShoreView on this transaction and congratulate them on a successful outcome. This represents a high-profile deal in the packaging space as well as another important closed transaction for FocalPoint’s growing private equity advisory practice." 

FocalPoint co-advised Rohrer and ShoreView along with Harris Williams.

About Rohrer Corporation 

Rohrer’s packaging solutions help build brands and bottom lines across a range of industries and end markets, including hardware, office supplies, batteries, consumer electronics, automotive aftermarket, consumer products, and personal care. The Company was founded in 1973 and is headquartered near Akron in Wadsworth, Ohio and has seven additional manufacturing facilities in Georgia, Arizona, Illinois (three), and Mexico (two). For additional information, please visit rohrer.com.

About FocalPoint Partners

FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings, and special situation transactions. With offices in Los Angeles, Chicago, New York, and Shanghai, the firm provides global advisory services to middle market clients and has a dedicated Specialty Industrials Group. To learn more, visit focalpointllc.com and follow us on LinkedIn and Twitter.

For more information, please contact Michael Del Pero, Managing Director, at 310-995-1831, or Clay Bryan, Managing Director and leader of FocalPoint's Financial Sponsors Group, at 310-795-1844.