
Generational Group Advises Western Packaging in its Sale to B2B Industrial Packaging
By Generational Group
11/15/2021
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Western Packaging Inc. to B2B Industrial Packaging LLC. The transaction closed November 1, 2021.
Headquartered in Albany, Oregon, Western Packaging, Inc. buys industrial and agricultural packaging products, including bags, stretch film, polypropylene strapping, totes, and other related products from manufacturers all over the world and sells these products to its customer base throughout the Pacific Northwest.
Leading packaging supplier B2B Industrial Packaging LLC, headquartered in Addison, Illinois, (with multiple distribution centers throughout the U.S.) sells a full range of packaging equipment and supplies including steel strapping, stretch film, and fasteners. The Company is known for its outstanding client service and support with expert reps that are an excellent logistical resource.
Bill Drake, CEO of B2B Industrial Packaging commented, “We are pleased that Western Packaging agreed to join our team as we continue to build out our national platform, and look forward to supporting Western Packaging as they continue to grow and serve their clients.”
Generational Group Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Senior M&A Advisor, Paul Hajek, with support by Sr. Managing Director – Western Region, Lori Galloway, closed the transaction.
“It was a great pleasure to work with both the seller and the buyer. Western Packaging will fit perfectly into B2B Industrial Packaging’s portfolio,” said Hajek.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.