Background

  • Based in Bordeaux, France, Global Packaging Solutions (GPS) is a global returnable packaging solutions specialist
  • GPS maintains a network of reusable metal crates that form the backbone of its clients’ finished good logistics systems
  • GPS ensures the availability of clean and fit for purpose metal crates for client needs. This network requires both a significant fleet and a complex logistics program to collect and deliver the crates around the world
  • MML Capital (MML) is an international mid-market private equity firm investing in partnerships with management teams to deliver their expansion plans

Process

  • DC Advisory (DC) was engaged by MML in early 2022, to provide buy-side M&A advice, including customary financial advisory services such as coordination of the due diligence process
  • Leveraging its extensive execution experience, DC successfully assisted MML in structuring a complex acquisition and financing structure alongside Metric Capital Partners, the management team (as co-investors), and a pool of banks led by Crédit Agricole Corporate and Investment Bank

Outcome

  • In September 2022, MML announced its investment in GPS, alongside Metric Capital Partners and the management team
  • The capital raised from a combination of equity and debt will allow GPS to pursue its development program
  • The successful outcome of this transaction illustrates DC's strong expertise in the Infrastructure sector, as well as ability to navigate through complex stakeholder and deal dynamics

What to read next