Cherry Tree advises Patriot Converting, Inc. on its sale to 
Brixey & Meyer Capital

Transaction Description
In May 2019, Bixey & Meyer Capital ("BMC") announced they have successfully completed the acquisition of Patriot Converting, Inc., a provider of custom paper converting and logistical solutions for the paper packaging industry.

Cherry Tree's Role
Cherry Tree was engaged by Patriot Converting, Inc. to advise the company on its strategic alternatives related to the sale of the company. Cherry Tree led the process that included introductions and discussions with numerous potential acquirers and financial partners, soliciting proposals, negotiating terms, supporting the due diligence process, and facilitating the closing of the transaction.

"The Cherry Tree team provided the advice and counsel we needed both before and during the sale process.  They were involved every step of the way and were instrumental in us being prepared for the demands which come with selling your company.  Their leadership and disciplined approach resulted in a great outcome for our family, employees and customers." - - Mike Stilwell, Owner, Patriot Converting, Inc.
 
About Patriot Converting, Inc.
Based in Elk River, Minnesota, Patriot Converting, Inc. was founded in 2003 and is a provider of custom paper converting and logistical solutions for the paper packaging industry , serving customers across the Midwest. Patriot Converting has a second facility in Newton, IA. For more information, visit  Patriot Converting, Inc .
 
About Brixey & Meyer Capital
Based in Ohio, with offices in Dayton, Cincinnati and Columbus, Brixey & Meyer Capital is a lower middle market private investment firm focused on impact investing in the manufacturing, healthcare, distribution and business services sector.   For more information, visit  Brixey & Meyer Capital
 
About Cherry Tree & Associates
Cherry Tree & Associates is a private investment banking firm headquartered in Minneapolis, Minnesota. Founded in 1980, it specializes in M&A transactions for both buyers and sellers of middle market companies. Additionally, it conducts private placements for attractive, entrepreneurially managed growth companies, provides strategic advisory services to CEOs and boards of directors, and prepares fairness opinions and other valuation services. For more information, visit Cherry Tree & Associates
Cherry Tree Deal Team

 
Dave Latzke led the Cherry Tree deal team




 
 
Cherry Tree Contacts

Elmer Baldwin
Senior Executive Director 
(952) 253-6001

Chuck Gorman
Senior Executive Director 
(952) 253-6008
Tony Christianson
Managing Partner
(952) 253-6003

Cherry Tree & Associates, LLC,  301 Carlson Parkway, Suite 103,  Minneapolis, MN 55305
Phone: (952) 893-9012 |   www.cherrytree.com



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Important Disclosures
The information included in this publication has been obtained from public sources, and is not based upon private or confidential Cherry Tree information. Cherry Tree gathers its data from sources it considers reliable. However, it does not guarantee the accuracy or completeness of the information provided within this publication. Any opinions presented reflect the current judgment of the authors and are subject to change. Cherry Tree makes no warranties, expressed or implied, regarding the accuracy of this information or any opinions expressed by the authors. Officers, directors, partners of Cherry Tree and Cherry Tree proprietary investment funds may have positions in the securities of the companies discussed, and certain affiliates of Cherry Tree may recommend to specific clients the purchase and sale of securities discussed in the publication.  This publication does not constitute a recommendation with respect to the securities of any company discussed herein, and it should not be construed as such. Cherry Tree or its affiliates may from time to time provide investment banking or related services to these companies. Like all Cherry Tree employees, the authors of this publication receive compensation that is affected by overall firm profitability. We undertake no obligation to update any information in this publication.