Norflex
Founder-owned business sells to highly synergistic strategic buyer.
Norflex has been acquired by Revolution Sustainable Solutions (“Revolution”), a portfolio company of Arsenal Capital Partners.
Headquartered in Hudson, WI, Norflex is a custom film manufacturer that specializes in the production of high-quality stretch, shrink, custom additives, and converter grade films used for industrial packaging and agricultural applications.
Having been approached by Revolution in the past, Norflex hired Vermillion to negotiate and structure a transaction that maximized value for ownership. Vermillion led the due diligence process and facilitated a successful closing within 45 days of executing a letter of intent (LOI).