Morrison Foerster advised Altamont Capital Partners, a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management, and its portfolio company Specialized Packaging Group (“SPG”), a leading, vertically integrated provider of protective packaging products, with their acquisition of Complete Packaging (“Complete”). The acquisition closed on November 7, 2023.
The acquisition will enhance SPG's existing capability set by expanding the company's engineered packaging offerings and geographic reach while adding approximately 90 employees to its 1,600-person workforce. Complete's leadership and full workforce will continue to operate in their current locations in Detroit and Monroe, Michigan. Complete provides custom-designed packaging solutions for a diverse array of end markets, including automotive, heavy truck, energy, aerospace, defense, heavy equipment, and general industrial.
The MoFo team advising Altamont and SPG was led by San Francisco private equity/M&A partner Patrick Huard and San Francisco private equity/finance partners Darío Avram and Eric Min, together with Los Angeles associate Kelly Kan and San Francisco associate Molly Yoder.