|January 12, 2018 – Chicago, IL – LaSalle Capital (“LaSalle”) is pleased to announce the sale of its portfolio company, Impex Global, LLC (“Impex” or the “Company”), to International Forest Products LLC (“IFP”), a leading forest products commodities trader and provider of solutions for packaging suppliers and converters. Impex is a premier North American distributor of flexible films, including flexible coated, laminated and metallized films. Impex will operate as IFP’s new Flexible Films Division.
Impex’s CEO, John Maxwell, will continue to lead the Company under IFP and will focus on providing value through a broad offering of film solutions and unmatched customer service to meet the needs of an evolving and innovative market. He stated, “We appreciate the strategic guidance and management support that LaSalle and board member Frank Tannura have provided over the last several years and we are excited about the opportunity to continue Impex’s growth with additional resources from IFP.”
Rocco Martino, Co-Founder and Partner at LaSalle added, “We wish John and the IFP team continued success as IFP diversifies its product line with the addition of Impex.”
If you have questions regarding this transaction, please contact either Rocco Martino or Kelly Cornelis of LaSalle Capital at 312-236-7041.
About LaSalle Capital
LaSalle Capital is a leading private equity firm with extensive experience in the lower middle market. We currently manage two funds totaling over $345 million in capital. We have a proven track record of partnering with management teams to increase value in our companies by providing strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in two industry sectors: food and beverage and technology-enabled business services.