Wellspring Capital Management’s acquisition of SupplyOne Inc.


Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Wellspring in the transaction.

Wellspring Capital Management LLC, a New York-based private equity firm, has closed the acquisition of SupplyOne Inc., a leading value-added distributor and converter of packaging products. Financial terms of the transaction were not disclosed.

Founded in 1998 and headquartered in Newtown Square, Pennsylvania, SupplyOne primarily serves middle-market customers in the food & beverage, manufacturing, consumer products, e-commerce and healthcare end markets. SupplyOne is a manufacturer of custom corrugated products, plastic thermoforming trays and clamshells, and custom pressure-sensitive labels. It distributes a wide variety of packaging supplies, packaging equipment, safety products, and janitorial and sanitary supplies.

Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies.

The Paul, Weiss team included corporate partners Angelo Bonvino (Picture), Thomas de la Bastide, Raphael Russo and Robert Zochowski and counsel Christopher Poggi and Lindsey Wiersma; intellectual property partner Chuck Googe; tax partner Lindsay Parks; real estate partners Peter Fisch and Mitchell Berg; employee benefits partner Andrew Gaines; environmental counsel William O’Brien; antitrust counsel Marta Kelly; litigation counsel Peter Jaffe; and international trade counsel Richard Elliott.

Involved fees earner: Angelo Bonvino – Paul Weiss Rifkind Wharton & Garrison; Raphael Russo – Paul Weiss Rifkind Wharton & Garrison; Thomas de la Bastide – Paul Weiss Rifkind Wharton & Garrison; Robert Zochowski – Paul Weiss Rifkind Wharton & Garrison; Christopher Poggi – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Peter Fisch – Paul Weiss Rifkind Wharton & Garrison; Mitchell Berg – Paul Weiss Rifkind Wharton & Garrison; Andrew Gaines – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; Peter Jaffe – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Lindsey Wiersma – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Wellspring Capital Management LLC;

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Author: Ambrogio Visconti