Dinan Capital Advisors (“Dinan”) is pleased to announce that its client, RiteMade Paper Converters, Inc. (“RiteMade” or the “Company”) based in Kansas City, KS, has been acquired by Iconex LLC (“Iconex”), a portfolio company of Atlas Holdings LLC (“Atlas Holdings”). Dinan served as exclusive financial advisor to RiteMade in this transaction.
RiteMade was founded in 1952 by a group of private investors with an extensive history in the paper industry. Today, the company operates three state-of-the-art manufacturing facilities in Kansas City, KS, Ashland, VA and Reno, NV, occupying more than 200,000 square feet. RiteMade’s product lines are comprised of a broad spectrum of plain and printed, stock and custom products for financial institution equipment, cash registers, point of sale systems, kiosk applications and other printers used in information processing equipment. RiteMade offers customers of all types and size true personal service unsurpassed by any other converter. At the time of the transaction, RiteMade was 100% ESOP owned.
Iconex, formerly the Interactive Printer Solutions division of NCR Corporation (NYSE:NCR), is the world’s leading provider of receipt, label and imaging solutions for daily commerce.
Atlas Holdings is a Greenwich, CT based holding company comprised of 17 platform companies across the globe, generating more than $5 billion in revenue annually.
Dinan Capital Advisors is a leading middle market investment bank providing merger and acquisition, capital placement, valuation and other financial advisory services to companies and institutional investors.