Business Description

Interfilm is a precision convertor of synthetic films operating five facilities throughout the U.S. The company serves a diverse customer base in end markets that include flexible packaging, labels and graphics, folding carton and envelope windows and various industrial applications. Interfilm also operates a specialty brushed film division under the name Brushfoil.

Background

The transaction was completed as a strategic investment through Transilwrap Company, Inc. Nicolet Capital had developed a proactive acquisition strategy reviewing over 50 transactions on behalf of Transilwrap. This established the perception of Transilwrap as highly active and preferred buyer in the industry. The opportunity to acquire Interfilm was introduced by an advisor who sought out Nicolet Capital outside of their auction process.

Outcome

Nicolet Capital worked closely with management to develop an integration plan for Interfilm and provided implementation support to capture over $3 million in synergies. Interfilm was sold in connection with the sale of Transilwrap to a financial buyer in late 2013 resulting in a full realization of Nicolet Capital’s investment.

Testimonials

“Our decision to transact with Transilwrap was heavily influenced by the respect that we gained for Nicolet during the due diligence and closing process which gave us comfort that our organization would be a part of a successful and growing business into the future.”

– Donnie Thompson, Majority Owner & President of Interfilm Holdings, Inc.

“Throughout the process, Nicolet exhibited true professionalism. I found them to be patient and very good listeners, two characteristics that are essential to completing deals. Furthermore, I was impressed with their flexibility and creativity in being able to solve deal issues. Nicolet approached the deal not only as a buyer, but also as a partner.”

– Tom Pogacnik, Managing Director of Sperry Mitchell