Kelso’s Acquisition of a Majority Interest in C.L. Smith

Debevoise & Plimpton LLP advised Kelso & Company and its affiliated funds in the transaction.

Kelso & Company and its affiliated funds signed their agreement to acquire a majority equity interest in C.L. Smith Company, a leading distributor of rigid packaging solutions, and combine C.L. Smith with Kelso’s existing investment in Inmark, a distributor of rigid container and life sciences packaging products. 

C.L. Smith is a one-stop shop for rigid packaging distribution, manufacturing, custom design, and hazardous material certification, serving a diverse range of customers and end markets.

Kelso is one of the oldest and most established firms specializing in private equity investing. Since 1980, Kelso has invested over $15 billion of equity capital in 132 transactions.

For over 45 years, Inmark has been a trusted source for rigid container, temperature-controlled, specimen transport, used medical device, and dangerous goods packaging. 

The Debevoise team was led by M&A partners Sue Meng (Picture) and Michael Diz and included associates Marisa Demko, Robert Geren, Sarah Jacobson and Lunar Mai, finance partner Scott Selinger, counsel Kevin Grondahl and law clerk Louis Sanchez, benefits counsel J. Michael Snypes Jr. and associate Matthew Trudeau, tax partner Michael Bolotin and associate David Rock, intellectual property associate Tigist Kassahun and law clerk Paisley Piasecki, environmental counsel Stuart Hammer, antitrust counsel Kyra Bromley and real estate associates David Saltzman and Isaac Stern.

Involved fees earner: Michael Bolotin – Debevoise & Plimpton; Kyra Bromley – Debevoise & Plimpton; Marisa Demko – Debevoise & Plimpton; Michael Diz – Debevoise & Plimpton; Robert Geren – Debevoise & Plimpton; Kevin Grondahl – Debevoise & Plimpton; Stuart Hammer – Debevoise & Plimpton; Sarah Jacobson – Debevoise & Plimpton; Tigist Kassahun – Debevoise & Plimpton; Lunar Mai – Debevoise & Plimpton; Sue Meng – Debevoise & Plimpton; David Rock – Debevoise & Plimpton; David Saltzman – Debevoise & Plimpton; Scott Selinger – Debevoise & Plimpton; Michael Snypes Jr. – Debevoise & Plimpton; Isaac Stern – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Kelso & Company;

Author: Martina Bellini