Kelso

Novvia Group Shares Progress Update After 2-year Milestone

Retrieved on: 
Monday, January 23, 2023
Professional Services, Packaging, Other Professional Services, Manufacturing, Finance, Other Manufacturing, Terminix, Investment, SVP, Acquisition, Pacific Northwest, Optimism, Kelso & Company, Growth, Kelso, Supply, Video game, Management

Novvia has completed 15 acquisitions since inception, consisting of eight regional “platform” acquisitions and seven local market “tuck-in” acquisitions to build regional density.

Key Points: 
  • Novvia has completed 15 acquisitions since inception, consisting of eight regional “platform” acquisitions and seven local market “tuck-in” acquisitions to build regional density.
  • Entering the Pacific Northwest, an attractive growth market for Novvia, via the Company’s acquisition of J.F.
  • Sarah Macdonald assumed the role of President and CEO of Novvia Group in mid-2021 after a four-year stint in the same role with C.L.
  • Just over two years later, we thank and commend the entire Novvia team for tremendous execution on the initial thesis.

Align Capital Partners Realizes Investment in WilliamsMarston

Retrieved on: 
Tuesday, August 30, 2022
Consulting, Accounting, Professional Services, Finance, Kelso & Company, ACP, Partnership, Technology, APriori Capital Partners, LLP, Kelso, San Francisco Bay Area, Sale, IPO, Kirkland & Ellis, CFO, Company, WM, Entrepreneurship, Leadership, Growth, Industry, Financial services, Security (finance)

Align Capital Partners (ACP) is pleased to announce the sale of its interest in WilliamsMarston LLC ("WilliamsMarston," the "Firm" or WM) to Kelso & Company (Kelso).

Key Points: 
  • Align Capital Partners (ACP) is pleased to announce the sale of its interest in WilliamsMarston LLC ("WilliamsMarston," the "Firm" or WM) to Kelso & Company (Kelso).
  • Headquartered in Boston, MA, WilliamsMarston is a differentiated, national leader in providing complex accounting, tax and valuation advisory services.
  • Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success.
  • ACP manages $775 million in committed capital with investment teams in Cleveland and Dallas.

Novvia Group Acquires Andicor’s Container Distribution Division

Retrieved on: 
Thursday, February 10, 2022
Professional Services, Packaging, Other Professional Services, Manufacturing, Finance, Other Manufacturing, Industry, Growth, Philosophy, Rhinoceros, Employee Stock Ownership Plan, ESOP, Kelso & Company, CEO, Partnership, Waters, Tin, Acquisition, Retail, Company, Andicor Container Distribution, Novvia Group, Kelso, ANDICOR CONTAINER DISTRIBUTION, NOVVIA GROUP, KELSO

Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired the container distribution division of Andicor Specialty Chemicals (Andicor Container Distribution), a distributor of plastic, tin, and steel products in Canada.

Key Points: 
  • Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired the container distribution division of Andicor Specialty Chemicals (Andicor Container Distribution), a distributor of plastic, tin, and steel products in Canada.
  • In connection with the transaction, Andicor Container Distribution will be re-branded Novvia Group Canada.
  • Chris Machin, formerly President of Andicor Specialty Chemicals, will serve as President of Novvia Group Canada and will lead the division going forward.
  • Andicor Container Distribution is excited to partner with Novvia Group to help fuel the divisions next phase of growth, said Steve Waters, CEO of Andicor Specialty Chemicals.

Novvia Group Acquires Rhino Container

Retrieved on: 
Wednesday, January 5, 2022
Chemicals, Plastics, Other Manufacturing, Manufacturing, ESOP, Acquisition, CA, Employee Stock Ownership Plan, Philosophy, Partnership, Kelso & Company, Industry, Online shopping, Rhinoceros, Rhino Container, Novvia Group, Kelso, RHINO CONTAINER, NOVVIA GROUP, KELSO

Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired Rhino Container Inc. (Rhino), a distributor of plastic, metal, corrugated, and glass packaging products.

Key Points: 
  • Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired Rhino Container Inc. (Rhino), a distributor of plastic, metal, corrugated, and glass packaging products.
  • The existing Rhino management team will remain in place to lead Rhino going forward.
  • Rhino has established itself as the preeminent West Coast distributor of rigid packaging products by providing high-quality service and earning the trust of our partners, said Guy Nygren, owner of Rhino.
  • Novvia Group is a leader in high-quality packaging solutions and customized services with domestic and international customers across myriad industries.

Novvia Group Company, Inmark, Acquires a Majority Interest in Acepac Shanghai as It Sets to Expand Its Presence in Asia Pacific

Retrieved on: 
Wednesday, November 17, 2021
Supply Chain Management, Online Retail, Manufacturing, Transport, Other Science, Other Manufacturing, Retail, Logistics, Supply Chain Management, Packaging, Science, Chemicals, Plastics, Acquisition, Temperature, Company, Partnership, Solution, Employee Stock Ownership Plan, Kelso & Company, ESOP, Rolls-Royce Silver Spirit, Philosophy, Airline, Online shopping, Acepac International, Inmark, Novvia Group, Kelso, ACEPAC INTERNATIONAL, INMARK, NOVVIA GROUP, KELSO

Inmark, a Novvia Group company backed by Kelso & Company, has acquired a majority interest in the Shanghai operations of Acepac International, to support its Life Sciences Division.

Key Points: 
  • Inmark, a Novvia Group company backed by Kelso & Company, has acquired a majority interest in the Shanghai operations of Acepac International, to support its Life Sciences Division.
  • Acepac International, founded in Singapore in 1994, offers a wide variety of packing products, packing material, Ecommerce packaging and fulfilment services.
  • Acepac has been a trusted strategic partner to Inmark in the Asia Pacific region for over a decade.
  • Novvia Group is a leader in high-quality packaging solutions and customized services with domestic and international customers across myriad industries.

Novvia Group Acquires Fox Valley Containers

Retrieved on: 
Monday, October 25, 2021
Packaging, Chemicals, Plastics, Other Manufacturing, Manufacturing, History, Partnership, Employee Stock Ownership Plan, ESOP, CEO, Growth, Kelso & Company, Philosophy, Hunting, Online shopping, Fox Valley, Novvia Group, Kelso, FOX VALLEY, NOVVIA GROUP, KELSO

Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired Fox Valley Containers, Inc. (Fox Valley), a distributor of plastic, metal, corrugated, and glass packaging products.

Key Points: 
  • Global rigid container and life sciences packaging distributor, Novvia Group (Novvia), has acquired Fox Valley Containers, Inc. (Fox Valley), a distributor of plastic, metal, corrugated, and glass packaging products.
  • Fox Valley provides high levels of service to a long-tenured customer base, leveraging five warehouse locations throughout the Upper Midwest.
  • The existing Fox Valley management team will remain in place to drive the companys next phase of growth.
  • Fox Valley has long enjoyed a leading reputation in its markets, and we are thrilled to welcome the companys employees, customers, and suppliers to the Novvia family, said Sarah Macdonald, CEO of Novvia.

 Leading Regional Packaging Companies Backed by Kelso & Company Form the Novvia Group

Retrieved on: 
Thursday, September 9, 2021
Supply Chain Management, Packaging, Retail, Logistics, Supply Chain Management, Transport, Manufacturing, Other Manufacturing, Novvia Group, Inmark, C.L. Smith, Silver Spur, Container Supply, Kelso, NOVVIA GROUP, INMARK, C.L. SMITH, SILVER SPUR, CONTAINER SUPPLY, KELSO

A group of leading regional packing companies backed by Kelso & Company including Inmark, C.L.

Key Points: 
  • A group of leading regional packing companies backed by Kelso & Company including Inmark, C.L.
  • Smith, Silver Spur and Container Supply have united to form The Novvia Group, a leader in high-quality packaging solutions with domestic and international customers across a wide range of industries.
  • We are extremely pleased to have brought together this outstanding group of companies under the Novvia Group brand, said Alec Hufnagel and Sandy Osborne, Managing Directors at Kelso.
  • The Novvia Group is a leader in high-quality packaging solutions and customized services with domestic and international customers across myriad industries.

Kelso & Company Acquires Container Supply; Combines with Existing Investments in C.L. Smith, Inmark, and Silver Spur

Retrieved on: 
Wednesday, June 30, 2021
Finance, Banking, Manufacturing, Professional services, Packaging, Packaging, Containers, Freight transport, Industrial processes, Product management, Intermodal container, Modularity, Plastic container, Packaging and labeling, Container Supply, C.L. Smith, Inmark, Silver Spur, Kelso, CONTAINER SUPPLY, C.L. SMITH, INMARK, SILVER SPUR, KELSO

Funds managed by Kelso & Company (Kelso) have acquired Container Supply, Inc. (Container Supply), a distributor of metal and plastic packaging products.

Key Points: 
  • Funds managed by Kelso & Company (Kelso) have acquired Container Supply, Inc. (Container Supply), a distributor of metal and plastic packaging products.
  • Smith, Inmark, and Silver Spur, distributors of rigid container, life sciences, and dangerous goods packaging products.
  • Container Supply has developed long-tenured customer relationships and provides high levels of service via its 50,000 square foot warehouse and national supplier base.
  • Container Supplys existing team will remain in place to drive the companys next phase of growth.

Kelso & Company Acquires Silver Spur; Combines with Existing Investments in C.L. Smith and Inmark

Retrieved on: 
Friday, May 14, 2021
Professional services, Packaging, Chemicals, Plastics, Manufacturing, Finance, Banking, Kelso, Spur, Manufactured goods, Culture, Silver Spur, C.L. Smith, Inmark, Kelso, SILVER SPUR, C.L. SMITH, INMARK, KELSO

b'Funds managed by Kelso & Company (\xe2\x80\x9cKelso\xe2\x80\x9d) have acquired Silver Spur Corporation (\xe2\x80\x9cSilver Spur\xe2\x80\x9d), a supplier of specialty glass and plastic packaging.

Key Points: 
  • b'Funds managed by Kelso & Company (\xe2\x80\x9cKelso\xe2\x80\x9d) have acquired Silver Spur Corporation (\xe2\x80\x9cSilver Spur\xe2\x80\x9d), a supplier of specialty glass and plastic packaging.
  • Silver Spur will be combined with Kelso\xe2\x80\x99s existing investments in C.L.
  • Silver Spur\xe2\x80\x99s 115,000 square foot warehouse offers customers just-in-time access to an extensive assortment of products sourced via the company\xe2\x80\x99s global network of vendor relationships.
  • Silver Spur also provides custom design and other value-added services and is committed to delivering best-in-class availability, customer care, and responsiveness.

Kelso Technologies Inc. Financial Results for the First Quarter Ended March 31, 2021

Retrieved on: 
Tuesday, May 11, 2021
Business cycle, Recession, Unemployment, Kelso

Total assets of the Company increased to $15,806,499 as at March 31, 2021 compared to $12,016,515 as at December 31, 2020.

Key Points: 
  • Total assets of the Company increased to $15,806,499 as at March 31, 2021 compared to $12,016,515 as at December 31, 2020.
  • The negative trend from diminished rail tank car activity in 2020 continued to be problematic throughout the first quarter of 2021.
  • This accounts for the Company\xe2\x80\x99s weak financial performance for the three months ended March 31, 2021.\nThe COVID-19 driven rail recession clearly highlighted the potential threat to the Company\xe2\x80\x99s business survival.
  • Kelso has prepared itself for the anticipated post-pandemic surge in business activity by way of required inventories, a new equity financing secured in the first quarter of 2021 and continuing R&D activities.