Industrials | Debt & Equity Recapitalizations, Mergers & Acquisitions

Climax Completes Recapitalization

  • TM Capital served as exclusive financial advisor to Climax Acquisition, LLC and its entities in a refinancing led by Enhanced Small Business Investment Company, LP (“Enhanced”)
  • Climax Acquisition retained TM Capital to find a partner to help Climax continue to expand its manufacturing capabilities and accelerate growth
  • Climax Acquisition is a portfolio company of DeltaPoint Capital Management, LLC and the parent company of Carthage Specialty Paperboard, Inc. and Climax Manufacturing Company
  • Carthage Specialty Paperboard is a leading independent producer of uncoated recycled paperboard; Climax Manufacturing is a world-class manufacturer of folding cartons for use in specialty markets
  • Enhanced is a diversified, national private investment firm specializing in investments in small and mid-sized companies

Client Testimonial

“TM Capital performed expertly and in a highly collaborative manner when Climax Companies was in need of guidance and support for a recent debt refinancing solution. The arranged credit agreement was necessary for our company to swap out an existing obligation that was coming to term, plus allowed for additional liquidity. We appreciated TM Capital’s active involvement, impressive intellect and consistent responsiveness. Given their network reach, organized approach and focused determination, we would refer TM to others and certainly utilize their services for future projects.” – Mark P. Godfrey, CEO, Climax Acquisition, LLC”
Mark P. Godfrey, CEO, Climax Acquisition, LLC