PMCF advises Comar, Inc in a recapitalization with Graham Partners

P&M Corporate Finance (PMCF) is pleased to announce that it served as the exclusive financial advisor to Comar, Inc. (Comar), of Buena, NJ in a successful recapitalization with Graham Partners (Graham) of Newtown Square, PA. The transaction, and Graham’s partnership with Comar’s management, will provide access to additional capital and resources to support Comar’s global expansion plans and further broaden the Company’s product development and manufacturing capabilities in North America.

Founded in 1949, Comar (www.comar.com) is a market leading designer and manufacturer of innovative packaging solutions and liquid dispensing products, serving the pharmaceutical, diagnostic, health, and personal care markets. The Company currently has manufacturing locations in Buena, NJ and Cayey, Puerto Rico and its major product lines include oral dispensers, dropper assemblies, dosing devices, closures, bottles, and other custom pharmaceutical and healthcare related solutions.

Michael Ruggieri, President and a Comar Shareholder, commented on the partnership, “For over sixty years, Comar has been family-owned and focused primarily in North America. As we look to the future, our strategic plans include geographical expansion to serve our customers on a more global scale, as well as continuing to strengthen our leadership position in North America. We are very excited about our new partnership with Graham, who brings significant experience in plastic packaging and leading companies through international expansion.” Ruggieri will continue to lead Comar as its President & CEO and remains a significant Comar shareholder.

Adam Piatkowski, Managing Principal of Graham Partners, noted, “We are excited to partner with the Comar team and look forward to utilizing Graham’s industry knowledge to build on Comar’s strong capabilities and take the Company to the next level of growth and expand its geographical footprint.” Since the firm’s founding in 1988, Graham has closed over sixty acquisitions, joint ventures, financing, and divestitures.

Comar’s shareholders selected PMCF’s Plastics & Packaging Group, led by John Hart, to serve as financial advisor for the recapitalization. Ruggieri noted, “PMCF was instrumental to the success of this transaction. They have been a trusted and committed advisor to Comar for over 5 years. We relied on John and his team to execute our successful acquisition strategy and knew they were the right choice when we sought to bring in a financial partner. They are clearly plastic and packaging industry experts and guided us through every step of the transaction process. We would highly recommend PMCF to other companies considering an acquisition or sale.” PMCF is continuing to assist the Company in pursuing acquisition candidates in North America and Europe.