- Climax Manufacturing Company is a leading manufacturer of specialty folding cartons and recycled paperboard products serving a variety of niche retail and graphic arts markets
- Climax’s folding cartons are sought after by premium retailers and the Company’s super high-end matboard product is widely used by museums and fine art collectors
- The Hirschey family, which had owned Climax for 100 years, retained TM Capital to conduct a competitive sale process to provide shareholder liquidity and a partner for growth
- TM Capital negotiated a sale of Climax to DeltaPoint Capital Management LLC, a Rochester, NY based private equity firm
Client Testimonial
“Our shareholders selected TM Capital after interviewing several potential candidates largely because TM presented a more compelling case for marketing companies. Our decision was ultimately validated through achieving an outcome on a time schedule that greatly exceeded our expectations. Specifically, TM was instrumental in thoroughly describing the complexities of Climax’s business; coaching the management team to clearly present the value of the Company to potential acquirors and working through the complex negotiations associated with the stock sale of an over 100 year old manufacturing business.””- Lee T. Hirschey, Chairman, Climax Manufacturing Company
