Charter Oak Equity, LP, and co-investor acquire Licaplast Industries – Emballages Inc.

October 30, 2018

On October 12, 2018, Charter Oak Equity, LP (“COE”), a private equity firm located in Westport, Connecticut, in conjunction with the Fonds de solidarité des travailleurs du Québec (“Fonds”), completed the recapitalization, and included an additional equity investment, of Licaplast Industries – Emballages Inc. (“Licaplast”), a packaging solutions company founded in 1988 in Quebec, Canada.

 Formed in 2006, COE focuses on investments in niche manufacturing, packaging, medical products & services and financial services companies with enterprise values up to $150 million.

Miller Thomson advised COE on this transaction with a team led by Andrew Cohen, which included Julien Morier, Isabella Covino, Katherine Barbacki and paralegal Nathalie Sicotte (Corporate/M&A); Andrew Etcovitch, Marie-Hélène Tremblay, Amina Boudiffa and Stéphanie Pépin (Tax); Francis Trifiro, Jean-Charles Panzini, paralegals Kathy Moisan and Wendy Landrigan-Pant (Financing); Jean-Martin Lambert and Nadia Guizani (Real Estate); Claudia Desjardins Bélisle (Employment); and Anne-Frédérique Bourret (Environment).