Climax Acquisition, LLC has been acquired by Enhanced Capital Partners, LLC
New York-based Enhanced Capital Partners, LLC, a private equity and venture capital firm, has completed the recapitalization of Climax Acquisition, LLC, a portfolio company of DeltaPoint Capital Management, LLC. Financial terms of this transaction have not been disclosed.
Climax Acquisition, LLC is the parent company of Carthage Specialty Paperboard, Inc. and Climax Manufacturing Company and will continue to expand its manufacturing capabilities and accelerate growth. 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 Capital Partners, LLC is a diversified, national private investment firm specializing in investments in small and mid-sized companies.
DeltaPoint Capital Management is comprised of a team of fund managers and operating directors that has substantial relevant experience in executive level management, finance, and operations. The fund managers and operating directors collectively guide the firm's investments in a wide variety of industries, including manufacturing, professional services, and distribution. DeltaPoint Capital relies on its strong partnerships with company management teams and long history of operating and financial experience to help drive value creation at its portfolio companies.
One of Oaklins' teams in the USA served as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Jerome S. Romano
Oaklins TM Capital
Related deals
Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.
Learn morePerkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn more