A&M CAPITAL PARTNERS | 06.20.25

Pet Network International Acquires Pet Republic Group

20 June 2025 – Pet Network International (“PNI” or the “Company”), a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Pet Republic Group, a leading pet care player in Serbia, comprised of Pet Republic d.o.o. (“Pet Republic”) and M&J Trade d.o.o. (“M&J”).

Founded in 2019, Pet Republic is an omnichannel retailer of pet food, supplements, and accessories, through a chain of seven stores based in Belgrade, Novi Sad and Niš, all of which we believe to be highly complementary to PNI’s existing footprint. Pet Republic’s stores will be converted to PNI’s Pet Centar banner, following the same approach taken in PNI’s prior acquisition of Zvjerinjak.

Founded in 2002, M&J is a leading wholesaler of high quality pet food, supplements, and accessories. M&J supplies premium products from international brands such as Monge and Natural Trainer into a fragmented base of customers, via distribution centres in Belgrade, Novi Sad and Niš.

The acquisition of Pet Republic Group is expected to bolster PNI’s presence in Serbia, drive cross-selling and cost synergies, and reinforce local leadership with the appointment of founder Marko Senic as PNI’s Head of Serbia.

Pet Republic Group represents PNI’s third acquisition since AMCE’s investment in September 2021.

AMCE and PNI were advised by PR Legal and Freshfields as legal advisers, Deloitte as financial and tax advisers, and Netox as IT advisers.

About PNI

Headquartered in Croatia, PNI is a leading omnichannel pet care retailer across five countries in Southeast Europe. PNI operates over 260 directly owned stores as well as eCommerce platforms in Romania, Croatia, Slovenia, Serbia and Bulgaria, under the banners Animax, Pet Centar, Maxi Pet, Mr. Pet and Dr. Stefanov, selling pet food, treats, accessories as well as a growing offering of value-add services such as grooming and veterinary advisory services.

About AMCE

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments, and Pet Republic Group represents AMCE’s thirty-second transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€6 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal Holdings, LLC, a leading global  operationally focused advisory firm. For additional information, please visit AMCE’s website at www.a-mcapital.com/europe/.

A&M CAPITAL PARTNERS | 06.09.25

A&M Capital Makes Strategic Hires To Build Middle-Market Focused Private Equity Secondaries Business

A&M Capital looks to fill what it believes to be a need in lower middle market to middle-market secondaries transactions

June 9, 2025 – A&M Capital Advisors, LP (“A&M Capital”) announced today the hiring of two Managing Partners, Jeremy Weisberg and Jared Wien — industry veterans focused on investing in the private equity secondaries market. Together, they bring more than 40 years of combined experience in private equity secondaries and direct buyouts. A&M Capital’s new secondaries investment strategy, A&M Capital Secondaries (“AMCS”), will target private equity firms seeking a value-added partner in single-asset and multi-asset continuation vehicles (“CVs”) and opportunistic acquisitions of limited partner interests in existing private equity funds.

“As we continue to grow the A&M Capital platform, we believe that entering the secondaries market is a natural extension of our strategy,” said Mike Odrich, Co-Founder & Managing Partner of A&M Capital. “Over the past decade, we’ve built deep relationships with other blue-chip private equity firms, many of whom we’ve partnered with on direct deals and co-investments.  In these transactions, we’ve been recognized as a value-added partner with significant operational expertise. We believe that same capability will be attractive in the secondaries market.”

The new strategy expects to leverage A&M Capital’s strategic relationship with Alvarez & Marsal Holdings, LLC and its subsidiaries (“A&M Consulting”) to bring differentiated sourcing, diligence, and operational support to its investments. A&M Consulting is a leading global, operationally-focused advisory firm with more than 11,000 professionals. “We believe the power of the A&M Capital platform, combined with the operating capabilities of A&M Consulting, gives us a unique and differentiated model, particularly in the lower middle-market to middle-market”, said Jack McCarthy, Co-Founder & Managing Partner of A&M Capital. “We expect these same benefits to be valuable as we scale AMCS.”

Jeremy Weisberg is a career secondaries investor who joins A&M Capital from CPP Investments, where he was a Managing Director on the Secondaries team and led the U.S. effort as head of New York. Before joining CPP Investments in 2021, Jeremy was a senior member of the private equity secondaries team at GIC, which he joined in 2015 from Pantheon.  He will start at A&M Capital in early July.

Jared Wien joins from Sun Capital Partners where he was a Managing Director, head of New York, and spent 20 years leading traditional buyout transactions. For the past five years, Jared was also spearheading the firm’s secondaries initiative which included sourcing and executing investments into single- and multi-asset CVs as part of a new fund strategy. He joined A&M Capital in May.

“The two of us have seen the secondaries market evolve significantly over many years. We could not be more thrilled to combine our complementary secondaries and direct private equity skillsets and partner with A&M Capital to build this new strategy,” said Jeremy.  “We believe it is an exciting time to be in the secondaries space, especially in the middle market where there continues to be significant opportunities for investment. We look forward to contributing to the success of the A&M Capital platform,” said Jared.

About A&M Capital

A&M Capital is a multi-strategy private equity investment firm with over $6.0 billion in total commitments across its strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with A&M Consulting, a leading global operationally focused advisory firm. A&M Capital combines a focus on middle-market private equity investing with deep operational expertise, industry knowledge, and global corporate relationships, making A&M Capital an attractive partner to management teams and business owners. A&M Capital is headquartered in Greenwich, CT, with offices in Los Angeles, CA, West Palm Beach, FL, London, UK, and Milan, IT. For more information, visit www.a-mcapital.com.

A&M CAPITAL PARTNERS | 05.20.25

STOK Acquires Scan Lux Flexible

20 May 2025 – STOK, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Scan Lux Flexible (“SLF”), a packaging distributor in Denmark. The acquisition of SLF represents STOK’s second add-on since AMCE’s investment in STOK, less than a year after closing in April 2024.

SLF is a Danish value-added distributor specialising in polyethylene packaging for the waste management, food, and agriculture sectors. We believe the acquisition offers a compelling cost synergy opportunity for STOK. SLF’s ESG-aligned waste management packaging solutions will be carved out as a new business unit, while the remaining operations will be integrated into STOK’s core business. Full functional integration is anticipated, including consolidating SLF’s inventory and logistics into STOK’s warehouse network and operational platform. Additionally, the transaction is expected to unlock cross-selling opportunities and procurement synergies across STOK’s broader portfolio.

STOK and AMCE were advised by Schjødt as legal adviser, EY as tax adviser, A&M Consulting as accounting adviser, Deloitte as IT adviser, Prueba as cybersecurity adviser and Aon as insurance adviser. 

About STOK
Founded in 1978 and headquartered in Langeskov, Denmark, STOK is a leading one-stop-shop distributor of protective packaging, offering a comprehensive range of packaging solutions, on-site machinery services, warehousing solutions, and advisory services. With a leading position in Denmark and a rapidly expanding international presence, STOK caters to a diverse customer base across the food & beverage, consumer lifestyle, industrial, and healthcare sectors. STOK has historically experienced strong organic and acquisitive growth, completing 13 acquisitions over the last 27 years, four of which were in the previous three years.

About A&M Capital Europe (AMCE)
AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million in commitments, and SLF represents AMCE’s thirty-first transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€6 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal Holdings, LLC, a leading global operationally-focused advisory firm. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 05.08.25

A&M Capital Europe’s Carton Pack Acquires Andolfi

8 May 2025 – Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has signed the acquisition of Andolfi & C. S.r.l. (“Andolfi” or the “Company”), a growing producer of sustainable, flexible packaging solutions from its founder.

Established in 1961 and headquartered in the Marche region (central Italy), Andolfi is a renowned player in the extrusion and conversion of flexible packaging solutions. The Company specialises in mono-material polyethylene solutions, which are experiencing significant growth due to their recyclability properties.

This acquisition further enhances Carton Pack’s footprint in sustainable products while vertically integrating flexible film extrusion capabilities. This strategic move broadens Carton Pack’s technological portfolio and creates opportunities for material cost synergies in the medium term. This is a further step in Carton Pack’s strategy to become a leading European food packaging specialist with a multi-material product offering.

The transaction is Carton Pack’s fifth add-on acquisition since AMCE acquired a majority stake in Carton Pack in April 2022 and marks AMCE’s thirtieth Fund I transaction.

AMCE and Carton Pack were advised by Alpeggiani Avvocati Associati as legal counsel for M&A and corporate matters, Spada Partners as accounting and tax advisers and ERM as environmental, health & safety adviser.

About Carton Pack

Founded in 1970 and headquartered in Puglia, Italy, Carton Pack provides specialist, multi-material, recyclable packaging solutions to Europe’s food markets, with a strong presence in the fruit and vegetable sector. The company’s diversified portfolio includes flexible and rigid plastics, corrugated and solid carton products, and moulded pulp. Carton Pack operates from nine production facilities and twenty warehouses in Italy, Spain and the UK, employing ~750 people. Under AMCE ownership, the company has been executing a buy-and-build strategy in the European food packaging industry.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million in commitments, and Andolfi represents AMCE’s thirtieth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€6 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal Holdings, LLC, a leading global operationally-focused advisory firm. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 04.23.25

A&M Capital Strategic Investments Makes Minority Investment in GSTV Alongside MidOcean Partners

April 23, 2025 – A&M Capital Strategic Investments (“AMCSI”) is pleased to announce a minority investment in GSTV (the “Company”), a national on-the-go video network available at fuel and convenience retailers nationwide, alongside majority investor MidOcean Partners (“MidOcean”), a New York-based alternative asset manager. The transaction also includes continued participation from prior owner Rockbridge Growth Equity (“Rockbridge”).

Founded in 2005, GSTV reaches over 115 million monthly viewers with full-sound, contextually relevant video advertising at more than 29,000 fuel and convenience retail sites nationwide. Positioned at the convergence of digital video, digital out-of-home, and retail media, GSTV delivers performance-driven advertising to high-intent consumers at a critical point on the path to purchase. With proprietary data and analytics capabilities, GSTV enables national brands to drive measurable, immediate consumer action and build long-term brand equity.

AMCSI is leveraging strategic media capabilities within A&M Consulting which were critically important to the due diligence of the business and market and will be an influential resource as the Company invests behind programmatic and data-driven capabilities to improve the value proposition for GSTV’s customers. AMCSI’s strategic link to A&M Consulting adds meaningfully to the investor group led by MidOcean and also comprising GSTV’s management team, and Rockbridge.

About AMCSI

AMCSI, with total commitments under management of ~$835 million, is A&M Capital’s dedicated active minority investment strategy focused on partnering with middle market private equity firms in their core areas of expertise. AMCSI leverages the experience of its dealmaking professionals and its strategic association with A&M Consulting’s market-leading private equity services business to facilitate value-added partnership. AMCSI’s investments span a variety of industries, supporting companies with sustainable growth and value creation objectives.

About A&M Capital

A&M Capital is a multi-strategy private equity investment firm with over $6 billion in commitments under management across its funds, vehicles and accounts. The firm is led by a highly experienced investment team, which is augmented by a strategic association with A&M Consulting, a leading global operationally focused advisory firm. A&M Capital combines a focus on middle-market private equity investing with deep operational expertise, industry knowledge, and global corporate relationships, making A&M Capital an attractive partner to management teams and business owners. A&M Capital is headquartered in Greenwich, CT, with offices in Los Angeles, CA, West Palm Beach, FL, London, UK, and Milan, IT. For more information, visit www.a-mcapital.com.

About GSTV

GSTV is America’s engaging, on-the-go video network. GSTV is a data-driven, national video platform entertaining targeted audiences at scale across tens of thousands of fuel retailers. GSTV engages viewers at an essential waypoint of their consumer journey and is the only consolidated and scaled digital media platform in the convenience and fuel channel. GSTV drives immediate action and creates lasting brand impressions, delivering measurable results, in-store conversions, and incremental sales for retailers and advertisers. For more information, visit www.gstv.com.

About MidOcean

MidOcean is a premier New York-based alternative asset manager specializing in middle-market private equity, alternative credit investments, and structured equity. Since its inception in 2003, MidOcean Private Equity has targeted investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit was launched in 2009 and currently manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts. For more information, visit www.midoceanpartners.com.

About Rockbridge Growth Equity

Founded in 2007, Rockbridge Growth Equity is a Detroit-based middle market private equity firm committed to helping both founder-operated and established companies accelerate growth and build long-term, sustainable value. Rockbridge combines the flexibility of a financial sponsor with the benefits of a strategic partnership by leveraging the firm’s relationship with the Rock Family of Companies, which provides access to industry and functional expertise. As of year-end 2024, Rockbridge has regulatory assets under management of over $1.7 billion across its target sectors: e-Commerce and Marketing Services, Financial Services and Fintech, Tech-Enabled Products and Services, and Digital Media. For more information, visit www.rbequity.com.

A&M CAPITAL PARTNERS | 03.06.25

GS Foods Group Acquires The Danielsen Company

March 6, 2025 – GS Foods Group, Inc. (“GS Foods”), a leading specialized food distributor owned by affiliates of Highview Capital, LLC (“Highview”) and A&M Capital Partners (“AMCP”), today announced the acquisition of The Danielsen Company, a trusted foodservice provider based in Chico, California. The acquisition combines GS Foods’ national expertise with The Danielsen Company’s long-standing commitment to customer satisfaction to deliver even more value to School Nutrition and foodservice partners in the Northern California region.

With nearly 50 years of experience, GS Foods is a leading premium food distribution and product solutions provider with a large school nutrition network serving more than 5,100 K-12 schools across the United States. Integrating The Danielsen Company will enhance GS Foods’ presence in Northern California and extend its sophisticated network of facilities to provide trusted food distribution and product solutions to specialized foodservice segments, including education, non-profit, business and industry, and healthcare. GS Foods is excited to add The Danielsen Company to its family of specialized distribution companies.

“Welcoming The Danielsen Company into the GS Foods family represents an exciting new chapter as we extend our reach in Northern California,” said Sean Leer, CEO of GS Foods. “With a shared commitment to customer satisfaction and sustainable growth, this partnership allows us to enhance operations, meet evolving needs and strengthen supply chain efficiency – all while providing continuity to customers.”

Founded in 1964 by Jim Danielsen (“Big Jim”) and his wife Janice, The Danielsen Company has been an integral part of the Northern California foodservice industry for more than 60 years. The company, which serves a wide array of customers including K-12 schools, has built its reputation on the principles of honesty, integrity and customer service.

“We were looking for longevity in a partner dedicated to school nutrition and are thrilled to join forces with a company like GS Foods,” said Terri Danielsen, CEO of The Danielsen Company. “By combining our long-term relationships with GS Foods’ unparalleled capabilities, this partnership will ensure that our legacy of outstanding service and commitment to the community lives on.”

As part of the integration, Danielsen’s leadership and staff will continue to work closely with GS Foods to ensure a smooth transition and to maintain the company’s strong relationships with customers across Northern California.

“GS Foods continues to strengthen its food distribution network, always prioritizing customer service and product excellence,” said Steve Russell, Managing Director and Sr. Portfolio Manager of Highview. “This partnership between The Danielsen Company and GS Foods will enable us to continue providing dedicated support to school districts in Northern California, all while fostering a crucial national nutrition supply network.”

“The acquisition of The Danielsen Company allows GS Foods to continue expanding its geographic presence as a leading food distributor for K-12,” said Jack McCarthy, Managing Partner and Co-Founder of A&M Capital. “When partnering with other companies, it’s imperative that we’re aligned on core values and the commitment to top-tier service. We believe The Danielsen Company aligns well on all fronts with its focus on integrity and serving its communities in Northern California.”

For more information about GS Foods Group, please visit GSFoodsGroup.com. To learn more about The Danielsen Company, visit DancoFoods.net.

About GS Foods

GS Foods Group, Inc. (“GS Foods”) is a family of specialized foodservice distribution companies. GS Foods uses its sophisticated network of facilities to provide trusted food distribution and product solutions to specialized foodservice segments, including education, non-profit, business and industry, and healthcare. GS Foods’ independent subsidiaries, Good Source Solutions, Inc. and Gold Star Foods, Inc., collectively serve over 8,500 customers nationwide. GS Foods is owned by affiliates of Highview Capital, LLC and A&M Capital Partners.

A&M CAPITAL PARTNERS | 02.27.25

Ayesa Engineering Acquires ADP Consulting

27 February 2025 – The Engineering division of Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments, has acquired ADP Consulting, a leading Australian engineering consultancy headquartered in Melbourne.

Founded in 2011, ADP Consulting provides mechanical and electrical engineering consulting services and specialist engineering services such as acoustics, audiovisual, and fire engineering for buildings. The company’s key subsectors include commercial, workplace, education, aviation, and healthcare. ADP Consulting has also expanded into civil and structural engineering.

The acquisition of ADP Consulting marks Ayesa Engineering’s entry into the Australian market, a key milestone in its strategy to expand into English-speaking markets. This acquisition follows Ayesa Engineering’s prior acquisitions of ByrneLooby in 2022 and CORE in 2025.

ADP Consulting represents Ayesa’s eleventh corporate transaction since AMCE’s investment in January 2022.

AMCE and Ayesa were advised by EY as financial advisers, Ashurst as legal advisers, L.E.K. Consulting as commercial advisers, Alvarez & Marsal as operational advisers and BDO as accounting and tax advisers.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with almost €800m in revenues and a presence in 24 countries across Europe, Latin America, Asia and Oceania. It operates two separate divisions. Ayesa’s Engineering Services division provides infrastructure design and project management consulting services in the civil and industrial engineering markets. Ayesa’s Digital Services division offers a wide-ranging portfolio of consulting solutions spanning software implementation and maintenance services, digital transformation, cybersecurity, cloud computing, data, and AI.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments, and ADP Consulting represents AMCE’s twenty-ninth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€6 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 01.28.25

Ayesa Engineering Acquires CORE

28 January 2025 – The Engineering division of Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired CORE, a project management firm specialising in large-scale data centres and real estate developments.

Founded in 2014, CORE provides project management services across various sectors, including data centres, residential, hotels, and hospitals, focussing on major iconic projects. We believe CORE’s competitive advantage lies in the implementation of Lean Construction methodologies, which significantly reduce costs and optimise execution times.

We believe this acquisition represents a further milestone in Ayesa Engineering’s strategy to grow in high-value segments and enhance its service and end-market diversification.

CORE represents Ayesa’s tenth transaction since AMCE’s investment in January 2022.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with almost €800m in revenues and presence in twenty countries across Europe, Latin America and Asia. It operates two separate divisions. Ayesa’s Digital Services division provides a wide-ranging portfolio of solutions spanning software implementation and maintenance services, digital transformation, cybersecurity, cloud computing, data and AI. Ayesa’s Engineering Services division provides infrastructure design and project management services in the civil and industrial engineering markets.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and CORE represents AMCE’s twenty-eighth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at    www.a-mcapital.com.

A&M CAPITAL PARTNERS | 01.25.25

A&M Capital Partners Enters into Strategic Partnership with East Coast Power to Build Leading National Electric Utility Services Provider

East Coast Power to receive investment from A&M Capital Partners to accelerate growth

East Coast Power founder Darren Donohue will use investment from A&M Capital to expand its platform nationally through both organic growth initiatives and strategic M&A

Greenwich, CT and Albany, NY – January 23, 2025 – Alvarez & Marsal Capital Partners Fund III (“AMCP III”), a North American-focused middle-market private equity fund and flagship investment strategy of the Alvarez & Marsal Capital (“A&M Capital”) platform, today announced, through a newly formed affiliate, that it has signed a definitive agreement to enter into a strategic partnership with East Coast Power (“ECP” or the “Company”), a fast-growing electric utility services provider with operations throughout the northeast region of the United States. Through this strategic partnership, AMCP III will be acquiring a majority stake in ECP and is expected to work closely with the Company’s founder, Darren Donohue, to grow the business, diversify its service platform, and expand its service territories across the country. The deal is expected to close in the next 30 days, subject to certain approvals.

Headquartered in Albany, NY, ECP provides safe and reliable repair and maintenance services to electrical utility customers supporting transmission and distribution power line infrastructure throughout the East Coast. The Company’s comprehensive service platform includes maintenance, repair, upgrade, restoration, and emergency response solutions for electric power distribution, transmission, and substation systems. ECP was founded by Mr. Donohue, a senior executive who has nearly 35 years of sector experience. Mr. Donohue is an active member of, and maintains strong relations with, the International Brotherhood of Electrical Workers (“IBEW”) and the National Electrical Contractors Association (“NECA”).

“It is an honor to partner with AMCP III on this exciting next chapter at ECP,” said Mr. Donohue. “Between the ever-growing demands on our power grids, aging infrastructure throughout most of the country, and increasing storms and extreme weather events, the need for safe, effective, at-the-ready electric utility services has never been greater. I founded ECP to address mission critical needs of the power grid, and I believe we have built a stellar reputation as a go-to provider to the major utilities on the East Coast, trusted for our relentless commitment to safety, quality, and operational excellence. Now, as we invite AMCP III in as our partners, we believe we have powerful access to capital and other key resources to build on this success and support our expansion nationally.”

ECP’s expansion plans are focused on select markets throughout the United States and Canada. The Company, whose leadership team has a strong track record of successful acquisitions and integrations, will collaborate with AMCP III to leverage both organic growth initiatives and strategic M&A to execute this expansion.

“On behalf of AMCP III, we are excited to take this next step in bringing Darren and his team into our portfolio,” said Ryan McCarthy, a Partner with AMCP. “ECP is a founder-led platform that has a strong infrastructure, strong culture, and a clear direction forward, and Darren, who will remain a large shareholder and operating executive, is a true industry expert and proven operator who understands the evolving priorities of the sector’s customers and stakeholders. Moreover, the Company is addressing the mission critical issue of North America’s power grids, which require significant infrastructure investments and reliable services from companies like ECP to effectively address ever increasing power demands.”

“We believe ECP is well-positioned to be an acquisition platform in a fast-growing and highly fragmented industry,” added Jack McCarthy, Managing Partner and Co-Founder of A&M Capital. “We are very much aligned with ECP’s growth strategy and share Darren’s vision for the future, which includes identifying complementary acquisition targets that fit with ECP’s safety and reliability-driven culture, expanding the Company’s geographic footprint, and diversifying its customer base.”

For more information about ECP, including employment opportunities or inquiries regarding selling an electric utility services business to the Company, please visit www.eastcoastpowerllc.com.

For more information about A&M Capital and AMCP, please visit www.a-mcapital.com.

Harris Williams served as exclusive financial advisor to A&M Capital Partners.

About East Coast Power

Founded in 2023, East Coast Power is a leading provider of safe and reliable electric utility services. The company provides maintenance, repair, upgrade, restoration, and emergency response solutions for electrical utility customers supporting distribution and transmission power line infrastructure throughout the northeast United States. Headquartered in the Capital Region of New York, East Coast Power is a portfolio company of A&M Capital Partners. For more information, please visit www.eastcoastpowerllc.com.

About A&M Capital

A&M Capital is a multi-strategy private equity investment firm with $6 billion in total commitments across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world. A&M Capital Partners (“AMCP”) is A&M Capital’s flagship investment strategy focused on middle-market control transactions in North America with total commitments of over $4.0 billion. AMCP partners with founders, families, corporates and management teams, providing the capital and strategic and operational assistance that we believe is required to take businesses to the next level of success. More information is available at www.a-mcapital.com.

Contact

Gaffney Bennett PR
ECP@gbpr.com

A&M CAPITAL PARTNERS | 12.17.24

Carton Pack Acquires Fimat

17 December 2024 – Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Italy-headquartered Fimat S.p.A. (“Fimat” or the “Company”), a leading provider of paper & carton food packaging solutions.

Founded in 1933 and headquartered in the province of Milan, Northern Italy, Fimat is a renowned player in the folding carton industry, with a particular expertise in the fruit & vegetable (“F&V”) and other food end-markets, including bakery and snacks. The Company maintains a robust presence in the F&V end-markets across Northern Italy, France and Germany. The founding Fornaroli family will retain a minority stake in the Company, ensuring continuity.

We believe this acquisition represents a further positive milestone in Carton Pack’s strategy to become a leading European food packaging specialist. It strengthens its footprint in paper & carton packaging, reinforces its F&V end-market focus and expands Carton Pack into the attractive Northern Italian market, as well as France and Germany. The transaction is Carton Pack’s fourth add-on acquisition since AMCE acquired a majority stake in April 2022 and AMCE’s 26^th Fund I transaction.

Alpeggiani Avvocati Associati advised Carton Pack as legal counsel for M&A and corporate matters, Spada Partners as accounting and tax advisers and Ramboll as environmental adviser.

About Carton Pack

Founded in 1970 and headquartered in Puglia, Italy, Carton Pack provides specialist, multi-material, recyclable packaging solutions to Europe’s food markets, with a strong presence in the fruit and vegetable sector. The company’s diversified portfolio includes flexible and rigid plastics, corrugated and solid carton products, and moulded pulp. Carton Pack operates from 8 production facilities and 20 warehouses in Italy, Spain and the UK, employing ~700 people. Under AMCE ownership, the company has been executing a buy-and-build strategy in the European food packaging industry.

About A&M Capital Europe

AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and Fimat represents AMCE’s twenty-sixth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€5.5 billion across all its investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.