About the Transaction
GTI Industries, Inc. is a leading distributor of industrial packaging solutions throughout the Southeastern United States. Founded in 1972, the Miami-based Company serves the food and beverage, industrial, and pharmaceutical markets. In addition to its core standard and custom industrial packaging offerings, the Company provides a portfolio of complementary products that includes packaging equipment, janitorial supplies, food packaging supplies, material handling equipment, and safety equipment and supplies.
The buyer, SupplyOne, Inc., a portfolio company of Wellspring Capital Management, is a highly-acquisitive consolidator of family-owned corrugated packaging manufacturers and value-added packaging distributors, which serve companies throughout the United States. The acquisition of GTI is SupplyOne’s second acquisition in the Florida market, and the fourth acquisition in the Southeast since 2018.
Paramax Corporation’s highly efficient sale process generated strong interest from several potential buyer prospects. Paramax Corporation is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners Ltd., a group of international corporate finance and business advisors operating globally to support M&A transactions.
For additional information regarding this transaction, please contact the Paramax deal team and visit: https://www.supplyone.com/news-media/supplyone-acquires-gti-industries-inc