WESTMONT, IL Investment banker and graphic arts industry strategist The Open Approach has facilitated the equity ownership transfer of Fort Dearborn Company from Genstar Capital to KRG Capital Partners. Specializing in middle-market industry consolidation opportunities, the Denver-based, private equity owner adds Fort Dearborn to KRG Capital Fund IV, a portfolio of high-growth enterprises in manufacturing, financial services, medical equipment, and other industries. The transaction will allow for additional investment and growth opportunities for Fort Dearborn, one of top-ranked specialty and decorative label providers in the world.
“The Open Approach has been a loyal, indispensible advisor. Their unwavering focus on driving value for their clients has helped us continue to advance our competitive edge.”—Mike Anderson,
President and Chief Executive
Officer, Ft. Dearborn
The Open Approach will continue supporting Fort Dearborn’s mission, with Managing Partner Bob Cronin remaining on the company’s board of directors. Seasoned director and member of boards for multiple other enterprises, Cronin has held this position at Fort Dearborn since 2006.
“KRG will provide the financial strength and experience to bring Fort Dearborn to the next level,” said Cronin. “Plus, the company will benefit for substantial synergies with other portfolio enterprises.”
“The label industry is vast and vibrant,” Cronin added. “Fort Dearborn is poised for exceptional growth across the decorative label, specialty, and cut-and-stack segments.” “The Open Approach has been a loyal and indispensible advisor,” said Mike Anderson, President and Chief Executive Officer of Ft. Dearborn. “Their advice and guidance have been critical in our success. Their unwavering focus on driving value for their clients has helped us continue to advance our competitive edge.”
The Fort Dearborn transaction is just one of its recent deals in the label industry. The Open Approach has forged numerous transactions and partnership opportunities across the graphic arts.
About The Open Approach
The Open Approach is an accomplished investment banking/M&A firm that with successful investments in the labeling, packaging, document management, graphic arts, and related industries. The firm provides full-cycle business model development and deployment, including acquisition targeting, due diligence, transaction execution, integration support, and other advisory services to maximize value generation for its clients. For more information about The Open Approach and the ECM opportunity, call 630-323-9700, email: rseavey@theopenapproach.net, or visit www.theopenapproach.net.