"PPC tailored its process to meet our objectives, preserve the legacy of our business, and provided senior-level attention that exceeded the expectations of the key stakeholders. I would recommend Promontory Point Capital without reservation." David Kane Chief Financial Officer Arandell Corporation

Promontory Point Capital is excited to announce one of our firm’s recent client successes.

Founded in 1922 and based in southeastern Wisconsin, Arandell Corporation is one of the nation’s leading providers of high-quality catalog and brochure printing, co-mailing, and logistics services with a strategic focus on upscale retailers and well-recognized brands throughout the United States. With over 500 employees, Arandell’s operations include a state-of-the-art prepress department, one of the industry’s most efficient heat-set web pressrooms, and a bindery that includes saddle stitching, perfect binding, and co-mailing capabilities.

For many businesses, 2020 had been a year like no other and Arandell Corporation also needed to navigate through a challenging environment given the Company’s end markets. Promontory Point Capital was engaged by Arandell to advise on financial and strategic alternatives, including facilitating the Company’s emergence from a formal reorganization process. After marketing the business and soliciting interest from an audience that included both potential strategic acquirers and private equity firms, an agreement was reached with Saothair Capital Partners, a Pennsylvania-based private equity firm. The acquisition of Arandell Corporation by Saothair Capital Partners was closed during December of 2020 representing another successful Done Deal for PPC.

Christopher Riegg is an investment banking professional with over three decades of experience providing strategic and financial guidance to business owners and executives. As a partner at Promontory Point Capital, Christopher Riegg has worked with over 200 companies across various industries, including manufacturing, distribution, technology, and services. His focus areas include mergers and acquisitions, debt restructuring, recapitalization, and private equity capital.

PROMONTORY POINT CAPITAL

MILWAUKEE

Chris Riegg
Partner
[email protected]

Bill Penkwitz
Partner
[email protected]