International Paper Box Machine Company, Inc. retained Shields & Company to find a suitable acquirer to provide liquidity to the shareholders and continue the tradition of its family-owned business. The result of the sale process was the redemption of substantially all outstanding common shares and the acquisition of IPBM by Mr. Hugh A. McAdam and Ms. Madeline M. McAdam, descendants of the original founder. Shields & Company was successful in structuring a transaction which maximized shareholder value and also enabled certain shareholders to remain active with, and retain ownership of, the company.
Shields & Company acted as a financial advisor to International Paper Box Machine Company, Inc. in the above transaction.