William Blair acted as the exclusive financial advisor to Nursery Supplies (NSI or company), a portfolio company of Lincolnshire Management, in connection with its sale to Mill Point Capital (Mill Point). The transaction signed and closed on April 3, 2023.
About the Companies
Based in Kissimmee, FL, NSI is a vertically-integrated manufacturer of sustainable horticulture packaging solutions. The company’s capabilities include blow-molding, pressure forming, injection molding, vacuum forming, custom printing / branding, along with an in-house resin recycling platform which recycles more than 40 million pounds of plastic annually. NSI serves the nursery and greenhouse end-markets with innovative packaging solutions that have been trusted by the top players in their end-markets for decades.
Lincolnshire Management Inc., founded in 1986, is a private equity firm focused on investing in and acquiring growing middle-market companies across an array of industries. Based in New York, Lincolnshire Management invests in acquisitions of private companies, recapitalizations, corporate divestitures, management buyouts and growth equity for public and private companies. Lincolnshire Management manages $1.9 billion total fund commitments.
Mill Point is a private equity firm focused on control investments in lower-middle market companies in North America across the industrials, business services and IT services sectors. Mill Point’s experienced team of investors and executive partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY.
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