Mesirow has announced that it served as the exclusive financial advisor to The Kennedy Group, LLC  on its sale to Inovar Packaging Group.

Family-owned and operated since 1974, The Kennedy Group is a label and packaging platform with two facilities based in Willoughby, OH and Levittown, PA.  The Kennedy Group has a reputation for being an innovative, customer-focused and employee-oriented business. With pressure sensitive, roll-fed and RFID capabilities, the company focuses on accounts in the beverage, agriculture, automotive, food, supply chain, health & beauty, industrial and household industries.

“We are excited to bring The Kennedy Group’s 50 years of industry leadership to partner with Inovar.  We believe combining these two companies under one platform creates a best-in-class organization,” says Mike, Pat and Todd Kennedy, leaders of The Kennedy Group. “Mesirow’s relationships and credibility in the label sector were crucial in delivering an ideal partner and exceptional outcome for The Kennedy Group’s stakeholders, employees and valued customers.”

Rocky Pontikes, senior managing director and co-head of Investment Banking comments, “We were pleased to represent the Kennedys in this transaction.”

Melanie Yermack, managing director and co-head of Packaging adds, “We continue to see strong interest in the label sector. The Kennedy Group’s reputation, technical expertise and strong customer relationships differentiate the company and yielded significant interest.  We look forward to following The Kennedy Group’s continued success in partnership with Inovar.”

The sale of The Kennedy Group represents another label transaction completed by Mesirow Investment Banking. Mesirow is an active advisor in the packaging industry, having completed more than 200 transactions in the last 25 years.