BDA advises Navis Capital on sale of Amazon Papyrus Chemicals Group to The Longreach Group

BDA Partners is pleased to announce that it has advised Navis Capital on the sale of Amazon Papyrus Chemicals Group to The Longreach Group. Terms of the transaction were not disclosed.

BDA Partners was the exclusive financial advisor to Navis Capital and Amazon Papyrus on the transaction. BDA also previously advised Amazon Papyrus on the investment by Navis Capital in 2014.

Rodney Muse, Managing Partner, Navis Capital, commented: “When we invested in Amazon Papyrus, our objective was to bring Navis expertise to enhance the operational efficiency and market position of an already outstanding business. We worked closely with our management partners to accomplish this objective. The business performed strongly throughout COVID-19, demonstrating the strength of management and the resilience of the business model. We wish the management team all the best as Amazon Papyrus embarks on the next stage of its growth journey with The Longreach Group.”

Michael Grundy, co-founder, Amazon Papyrus, commented: “I am very excited to have Longreach as our new partner. Longreach will bring new ideas and different capabilities (including in the Japan market) to our company which will help us develop and grow to a higher level. I also want to thank the Navis team for their support and guidance over the recent years.”

Paul DiGiacomo, Managing Partner, BDA Partners, said: “It’s very satisfying to have been able to assist Amazon Papyrus on this next chapter in its evolution, and to have helped Navis Capital both enter and exit its investment in the Company. We are proud of the long-term relationships we have with our clients like these, and the trust they place in us for multiple transactions over many years.”

Lars Freitag, Managing Director, BDA Partners, said: “We are pleased to have advised Navis Capital and Amazon Papyrus on this transaction and we are delighted to have achieved a very successful outcome for our clients. The transaction had a number of unique aspects and complexities, and we believe the final structure represents an excellent result for all parties involved. We look forward to Amazon Papyrus continuing its remarkable success story under the ownership of Longreach building on the many achievements during the stewardship by Navis Capital.”