Date closed: 8/16/2016
Value: US$2.4 billion
On August 16, 2016, Stone Canyon Industries, LLC, a global industrial holding company, announced the completion of its acquisition from Platinum Equity of BWAY Corp. for US$2.4 billion. BWAY is a North American manufacturer of industrial plastic and metal containers. A portable Capital structure was used in this transaction.
BMO Capital Markets served as financial advisor to Stone Canyon Industries and Gibson, Dunn & Crutcher LLP served as its legal counsel
BLG represented Stone Canyon Industries LLC with a team led by William J.E. Jones that included Jason Saltzman, Whitney Wakeling, Andrew McLean (Corporate), Brennan Carroll, Tamila Ivanov (Real Estate), LuAnne Morrow, Todd Keeler (IP), Davit Akman, Zirjan Derwa (Anti-trust), Rob Weir, Naomi Calla (Employment), Sonia Mak (Pension & Benefits) Rick Coburn, Aimee Collier (Environment) and Howard Silverman (Credit).