PE Deals

Advent International-backed Imperial Dade snaps up Canada’s Ralik

Ralik is a Blainville, Quebec-based distributor of paper goods, packaging materials and other safety and janitorial products.

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  • US-based Imperial Dade is a distributor of foodservice packaging, printing papers and janitorial supplies
  • The deal represents the 72nd acquisition for the company Dade under the leadership of Robert and Jason Tillis
  • Imperial Dade was acquired last year by Advent International, a Boston-based private equity firm

Imperial Dade, a portfolio company of Advent International, has acquired Ralik, a Blainville, Quebec-based distributor of paper goods, packaging materials and other safety and janitorial products. No financial terms were disclosed.

Based in Jersey City, New Jersey, Imperial Dade is a distributor of foodservice packaging, printing papers and janitorial supplies. It was founded in 1935.

The deal represents the 72nd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, chairman and CEO of Imperial Dade, respectively.

“Imperial Dade is a market leader with a strong culture and differentiated service quality, and we are excited to join their family,” said Ali Mustafa, CEO of Ralik, in a statement. “Under the leadership of Bob, Jason, and Stephane we believe this partnership will strengthen our customer and supplier relationships.”

Imperial Dade was acquired last year by Advent International, a Boston-based private equity firm. The seller was Bain Capital Private Equity.