Wynnchurch Capital to acquire Appvion

George Wurtz, Appvion’s president, chief executive officer and chairman of the Board, said: ‘We are very excited to share that Appvion has a new sponsor. This sponsorship will enable new investments, continued expansion, and additional resources that we collectively need to accelerate growth in our AMS and Packaging and Specialty Coatings businesses. We see this as a terrific opportunity to continue delivering the same great Appvion value our customers expect while remaining fast, flexible, and responsive. Wynnchurch shares our values of safety, integrity, and honesty and putting the customers first to deliver value. We are excited to partner with them to pursue our next phase of growth.’ 

 

Greg Gleason, managing partner at Wynnchurch Capital Partners, commented: ‘We are very excited to partner with George and the Appvion leadership team to continue to deliver superior products and services to their customers as well as accelerating their future growth plans in AMS and Packaging.’ 

 

Wynnchurch Capital manages several private equity funds with 4.2 billion USD of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. They focus on leveraging a business’s strengths and identifying new market opportunities to support management’s vision—with an unwavering commitment to sound business judgment, partnership, communication and integrity. 

 

The deal was completed on December 3, 2021.