Platinum Equity Closes Sale of BWAY

By Luisa Beltran — 3 years ago

Platinum Equity has completed its $1.24 billion buy of BWAY Parent Co. The seller was Madison Dearborn Partners. Goldman, Sachs & Co., Barclays and Deutsche Bank Securities provided financial advice to BWAY. Bookrunners for debt financing were Bank of America Merrill Lynch, Deutsche Bank and Goldman Sachs. Atlanta-based BWAY makes paint and aerosol cans as well as steel open and tight-headed pails.