Mesirow Advises Outlook Group Corp. On Its Sale To M&Q Holdings, LLC

CHICAGO, November 7, 2016Mesirow Financial acted as the exclusive financial advisor to Outlook Group Corp. (“Outlook” or the “Company”), a portfolio company of Milestone Partners and Hancock Capital Management, on its sale to M&Q Holdings, LLC (“M&Q”), a portfolio company of Capital Partners, Inc. M&Q Holdings, LLC owns M&Q Packaging Corporation and both M&Q Packaging Corporation and Outlook will continue to be operated with their existing management teams, employees and facilities.

Headquartered in Neenah, Wisconsin, Outlook is a leading provider of custom packaging solutions with a unique breadth of capabilities serving an impressive, blue-chip customer base primarily in the food & beverage, consumer products, medical and retail markets. Outlook specializes in offering data-driven print technologies across label, folding carton and flexible packaging products. Additionally, the Company’s solutions are complemented by value-added services, including contract packaging, contract manufacturing, assembly and distribution.

John Cappy, president and CEO of Outlook, commented on the transaction, “Mesirow Financial was instrumental in conducting an effective and competitive transaction process that ultimately paired Outlook with an ideal strategic partner.”

Michael Schmal, president and CEO of M&Q, said, “We are excited to partner with Outlook. The combination is highly strategic because it brings together M&Q’s film and bag packaging with Outlook’s complementary labels, paperboard boxes, flexible package printing, conducting assembly and packaging operations. The new, larger platform will bring customers a comprehensive suite of packaging solutions supported by world-class engineering. Together, we will leverage our combined strengths by offering turn-key, more comprehensive, packaging solutions to support our customers’ growth. Capital Partners and management remain focused on continued growth through organic initiatives and acquisitions.”

Louis Mitchell, managing director of Mesirow Financial’s Investment Banking group, said, “We were honored to represent the owners of Outlook in this process. We believe that this strategic combination will enable Outlook to continue delivering exceptional service and quality products to its customers.”

The transaction represents another successful assignment completed by Mesirow Financial's Investment Banking group. Mesirow Financial is one of the most active advisors in the paper, plastics, packaging and specialty printing sectors, having completed over 100 transactions in recent years.

About Milestone Partners
Milestone Partners is a private equity firm that partners with management to invest in leveraged buyouts and recapitalizations of lower middle market businesses. Milestone pursues companies in the tech-enabled services, software, financial services and manufacturing sectors. Based in suburban Philadelphia, Milestone was founded in 1995 and is currently investing in new platforms out of its fourth fund. To learn more, please visit milestonepartners.com.

About Hancock Capital Management
Hancock Capital Management, a wholly-owned subsidiary of John Hancock, manages over $3.0 billion in capital for John Hancock and its partners. Hancock Capital Management’s private-market solutions consist of equity co-investments, minority equity investments, mezzanine and other private debt financing in sponsored and unsponsored transactions, and primary and secondary private equity fund investments. Hancock Capital Management manages these investments with one integrated team and a common focus on the U.S. middle market. Hancock Capital Management can invest up to $100 million per transaction, with a minimum investment size of $15 million. To learn more, please visit hancockcapitalllc.com.

About M&Q Packaging Corporation
M&Q Packaging Corporation is a leader in the high-temperature plastic packaging industry. M&Q's products include proprietary Pansaver food preparation products, as well as engineered meat processing packaging, cleanroom packaging, vacuum bagging films, sterilization packaging and solvent recovery bags. M&Q currently serves over 1,500 customers worldwide in the institutional, commercial and home foodservice markets, as well as the aerospace, defense, healthcare, pest control and industrial manufacturing sectors. The company has long-term relationships with many of the top-ranked manufacturers in these industries and is known for its passion for excellence in the services it provides to its customers. M&Q was founded in 1956 and is based in Schuylkill Haven, Pennsylvania with an administrative office in Limerick, PA. To learn more, please visit mqplastics.com.

About Capital Partners Inc.
Capital Partners, Inc., founded in 1982, is currently investing from a $360 million committed private equity fund in middle-market food, manufacturing, distribution, consumer and service businesses. Capital Partners structures its investments with 60-100% equity (and correspondingly low debt leverage) and uses tax-efficient flow-through entities to provide stability and allow companies in which it invests to grow faster and make quarterly distributions of excess cash flow to all shareholders. To learn more, please visit capitalpartners.com.

About Mesirow Financial
Mesirow Financial is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate and individual clients achieve their objectives. Our professionals are inspired by an entrepreneurial desire to develop tailored solutions that deliver measurable results. To learn more, please visit mesirowfinancial.com.