HAS BEEN ACQUIRED BY
PBFY Flexible Packaging
Hexagon Capital Alliance served as exclusive financial advisor to Pacific Western Sales (“PWS”), in the sale of its PBFY division to TricorBraun.
Headquartered in Brea, California, PBFY is a flexible packaging provider that works with many well-known brands in the food, coffee, tea and health & beauty markets for nearly 15 years.
“PBFY is an important addition to our industry-leading flexible packaging offerings, enabling us to provide customers with expanded services and supply chain options,” said Court Carruthers, president and CEO, TricorBraun. “We have great admiration for the successful business the PBFY team has built and we look forward to investing in its continued growth. We are pleased to welcome PBFY to the TricorBraun family.”
“It was an absolute pleasure working with the Hexagon Capital Alliance team to find the best growth partner for PBFY. HCA was instrumental in this exciting development for the PBFY team members, customers and suppliers,” said Lyndsey Tidwell, CEO, PWS. “PBFY has enjoyed an outstanding history and I am confident TricorBraun’s investments in PBFY’s growth will lead to even greater success, while providing new opportunities and enhanced services.”
Andrew Suen, a Managing Director at HCA, stated, “We were honored to represent PWS in its divestiture of the PBFY division. We were thrilled to assist in pairing PBFY with a strong partner and steward in TricorBraun. PBFY’s exceptional team members, product offering and market presence, along with an impeccable strategic fit, has positioned the business for many growth opportunities as part of TricorBraun.”
For additional information, please contact:
Andrew Suen, Managing Director: [email protected]
Andrew Freeman, Vice President: [email protected]
About Hexagon Capital Alliance
Hexagon Capital Alliance LLC (“HCA”) is a Corona Del Mar, CA-based middle-market investment banking firm providing mergers & acquisitions, capital raise and strategic advisory services. Founded in 1999 and previously known as Moss Adams Capital LLC, HCA spun-out from parent Moss Adams LLP and rebranded effective January 1, 2021.
HCA professionals have 120 years of combined middle-market experience and have completed more than 300 transactions in Consumer, Industrial, Healthcare and B2B sectors.
For more information, please visit www.hexagoncapitalalliance.com.
PBFY is a full-service flexible packaging distributor with ancillary manufacturing capabilities. From stand-up pouches to side-gusseted bags, we have high-quality foil, paper and plastic product packaging for all your needs. Industries we’ve served include food, coffee and tea and health and beauty. We offer custom options, such as valve and tin-tie application, custom label printing and design and hot-stamp printing. At PBFY, we can help you create unique product bags that represent your brand in a polished, professional manner.
Founded in 1979, PWS (Pacific Western Sales), is a leading provider of bags and retail packaging supplies. Partnering with distributors in both the retail and promotional industries, PWS brings over 40 years of custom packaging experience. From their California and Tennessee locations, PWS serves various markets that include food service, retail, e-commerce and events. PWS has spent over four decades providing custom printed quality products that enhance your client’s branding message. PWS remains committed to serving their distributor partners.
About TricorBraun Flex
TricorBraun Flex is a global leader in stock and custom printed flexible packaging, serving over 4,500 customers in more than 50 countries. Focusing on markets such as coffee, tea, pet food, nutrition and specialty foods, our products include side-gusset bags, stand-up pouches, Biotrē(sustainable packaging), paper tin-tie bags, flat pouches, bulk packaging, rollstock, accessories, tins and more. Our stock line is available to order on our website and ships from our local warehouses within 24-48 hours of order placement. TricorBraun Flex also offers a range of printing options, varying from short-run printing to full-speed production.
Founded in 1902, TricorBraun is a global packaging leader and North America’s largest distributor of primary packaging. We provide innovative solutions across a wide array of customer end markets in plastic, glass and aluminum containers, closures, dispensers, tubes and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. We leverage our global supply chain expertise, expansive and sustainable footprint and unmatched purchasing power to identify the best sourcing partners and cost-effective solutions for our customers. TricorBraun is comprised of 1,700 packaging professionals operating from more than 75 locations across the Americas, Europe, Asia and Australia.
“We were impressed
with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”
Flavor Infusion International, S.A.