SenecaSalem Sold to WS Packaging Group

October 2007

	SenecaSalem is a privately held producer of offset cut & stack and flexographic labels for branded consumer products customers with origins dating back to 1862
	The Company had experienced significant growth in sales and profitability in recent years after divesting certain non-strategic assets
	SenecaSalem, owned by principals and affiliates of Hammond, Kennedy, Whitney & Company, Inc., a private equity firm, and management retained TM Capital to assist in exploring strategic alternatives
	TM Capital negotiated the sale of SenecaSalem to WS Packaging Group, Inc., one of the largest domestic pressure sensitive label manufacturers
	WS Packaging, owned by JW Childs Equity Partners and management, has been a leader in the consolidation of the fragmented label market having previously acquired eight companies

Client Press Release

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