Candlewood Partners is pleased to announce that it served as the exclusive financial advisor to GSC Technologies Inc. in connection with its sale to Speyside Equity LLC.
Founded in 1982 and headquartered near Montreal, Canada, GSC is a market leader in plastic goods manufacturing, offering innovative storage and organization solutions through private-label and in-house brands. The Company serves a diverse customer base, including major North American retailers such as Home Depot, Walmart, and Lowe’s.
“This transaction represents an exciting new chapter for GSC and its stakeholders. Speyside Equity’s operational expertise and industry focus make it the ideal partner to support GSC’s continued growth and innovation,” said Steve Latkovic, Managing Partner of Candlewood Partners. “We are honored to have worked with the excellent teams at GSC and Speyside on this transformative process.”
The sale was driven by a group of private equity-style investment companies that recognized the immense potential for GSC’s continued expansion. A spokesperson for the seller commented, “Candlewood’s professionalism and strategic insight were invaluable throughout this process. We are confident that GSC is poised for sustained success under Speyside Equity’s ownership.”
Speyside Equity specializes in investments in manufacturing businesses and brings decades of operational experience to its portfolio companies.
Founded in 1982 and headquartered near Montreal, Canada, GSC is a market leader in plastic goods manufacturing, offering innovative storage and organization solutions through private-label and in-house brands. The Company serves a diverse customer base, including major North American retailers such as Home Depot, Walmart, and Lowe’s.
Candlewood Partners is a Cleveland, New York, and South Florida-based boutique investment bank and advisory firm. Since 2001, Candlewood has supported the needs of middle market companies worldwide, successfully tackling complex engagements that others cannot.