Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, A&A Global Imports to Boyne Capital. The acquisition closed June 1, 2021.
A&A Global Imports (A&A) located in Vernon, California, sells child-resistant, government-regulated packaging to cannabis cultivators, processors, and dispensaries, as well as pharmacies and retail shops. Additionally, A&A provides marketing services and custom printing capabilities, offering its customers the ability to enhance their branding through customized packaging with logos and artwork designed by A&A’s creative team.
Since 2011, A&A has provided a one-stop-shop for its customers, offering approximately 2,500 products, including packaging products (such as glass jars, pop top bottles, vials, tubes, and retail exit bags) and other ancillary goods. A&A has in-house product design capabilities and has patented a portfolio of products from specialized child-proof bags, jars, and boxes to innovative multi-use closures. Further, the Company holds a strategic set of trademarks and copyrights, making it the only source for certain popular packaging products.
Boyne Capital’s Managing Partner and CEO, Derek McDowell, said, “A&A maintains a uniquely strong market position, having trailblazed the cannabis ancillary space over a decade ago. Meeting the A&A team and understanding their growth trajectory and loyal customer base gave us much confidence in the partnership. We are excited to work with David Aryan, A&A’s Founder and CEO, and his proven management team to continue growing the company and supporting expansion efforts, both organic and through acquisition.”
Mr. Aryan said, “The Boyne team has been excellent to work with throughout this process, and they have already demonstrated their value as we begin to pursue our ambitious goals together as partners. A&A has immense opportunity in front of it, and we look forward to collaborating on strategic initiatives to further accelerate our growth as the best-in-class supplier to the leading names in cannabis.”
The A&A transaction represents a recent platform investment in BCM Fund II (“Fund”). Boyne Capital is dedicated to investing in the lower middle market sector, specifically companies with revenues of less than $100 million and with EBITDA of $3 million to $15 million. Boyne is located in Miami, Florida.
Generational Capital Markets’ Senior Managing Director of Mergers & Acquisitions, Chris Heckert, with the support of Vice President Mergers & Acquisitions, Andre Farahmandi, successfully closed the deal. Senior Managing Director, David Pickard established the initial relationship with A&A.
“This is an exciting opportunity for both A&A Global and Boyne Capital. The opportunities in this rapidly growing industry are incredible and I can’t wait to see what this partnership can accomplish together,” said Heckert.
About Generational Capital, LLC
Generational Capital, LLC, is a Dallas, Texas-based merger and acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at https://www.gencm.com/.
Generational Capital and Generational Capital Markets are part of the Generational Group and are affiliated with Generational Equity, LLC, which The M&A Advisor named Investment Banking Firm of the Year in 2016, 2017, and 2018 and Valuation Firm of the Year in 2020.
GCM's most recent awards include The M&A Advisor's 2020 Information Technology Deal of the Year ($10MM-$25MM) and 2020 Private Equity Deal of the Year ($25MM-$50MM).
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Contacts
Carl Doerksen
972-232-1125
cdoerksen@generational.com