• About Us
    • Careers
  • M&A Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Menu
  • About Us
    • Careers
  • M&A Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Contact

Transactions

  • Back to Transactions

PMCF advises Hillside Plastics, Inc. in its sale transaction to Carr Management, Inc.

  • October 26, 2015
  • Transactions
  • Plastics & Packaging
Share on facebook
Share on twitter
Share on linkedin

has been acquired by

a portfolio company of

P&M Corporate Finance (PMCF) is pleased to announce that it served as the exclusive financial advisor to privately held Hillside Plastics, Inc. (“Hillside”) of Turners Falls, MA in its successful sale to Carr Management, Inc. (“CMI”), of Nashua, NH. CMI’s ownership includes its management team and Behrman Capital, of New York, NY.

Hillside (www.hillsideplastics.com) is a producer of blow molded containers, including the proprietary and industry standard Sugarhill® Pure Maple Syrup jug product line. Founded in 1967, Hillside has significantly grown and expanded under the ownership and leadership of the Haas family. Hillside manufactures and decorates standard and custom blow-molded HDPE and polypropylene containers used in food, chemical, household, automotive, and industrial markets from its purpose built facility. Hillside currently employs approximately 150 team members.

CMI (www.carrmanagement.com) is a specialized manufacturer of blow-molded, high-density polyethylene bottles for the dairy, water, food, industrial, and nutraceutical industries. Founded in 1999 and based in Nashua, New Hampshire, it offers a variety of large and small format containers as well as custom-design services from six manufacturing locations.

Peter Haas will continue in his role as President of Hillside. Kate (Haas) Colby, currently VP of Finance for Hillside, will be assisting through a transition period and then leaving the company to spend more time with her family. Commenting on the transaction Haas noted, “My family is confident that the decision to sell the business will enable further success and growth for the company in Turners Falls. Carr Management is a successful, well-managed, and growing company, with many similarities to Hillside, including a concern for the success of its employees, and a customer-centered, service-oriented business model. I look forward to continuing to help the company develop and grow in Turners Falls.”

Hillside selected John Hart and PMCF’s Plastics & Packaging Group to serve as exclusive financial advisor for the transaction. Haas noted, “We consider ourselves fortunate to have located and retained PMCF to represent our Company. They helped us prepare for and execute each step of a once in a lifetime transaction. They are clearly experts in our industry and we would highly recommend them to anyone considering a transaction in plastic packaging.”

Prev
Next

Stay Informed

Subscribe to our newsletter for the latest industry updates

Subscribe

Latest Transactions

PMCF Advises Master Automatic in its Majority Sale Transaction to MacLean-Fogg Component Solutions
PMCF Advises Montway Inc. and Ship.Cars in its Sale Transaction to AEA Investors LP
PMCF advises Forberg Scientific Inc. in its sale transaction to Kendall Electric
PMCF advises Panoramic Inc in its sale transaction to Anchor Packaging
PMCF advises Imperial Marketing in a recapitalization transaction with Banyan Technologies Group
Contact

Follow Us On

Securities offered through P&M Corporate Finance, LLC. Member of FINRA and SIPC.

Cfi Logo White 94x94 On About

Home

  • About
  • Team
  • Careers

M&A Services

  • Buy Side Advisory
  • Capital Raising
  • Sell Side Advisory
  • Transaction Planning & Readiness Review

Industry Expertise

  • Business Services & Technology
  • Consumer, Food & Retail
  • Healthcare
  • Industrials
  • Plastics & Packaging

News & Insights

  • Transactions
  • News
  • Industry Updates
  • Perspectives
  • Events

©2021 PMCF

  • Member SIPC​
  • Member FINRA
  • FINRA Broker Check
  • Business Continuity Plan​
  • Disclaimer​
  • Privacy Policy​
Cookie Notice: This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our Privacy Policy for more information on the cookies we use.AgreePrivacy policy