Blue drums and IBC container in a storage room

Nolan & Associates is pleased to announce that it exclusively advised N2IT Containers, LLC in its sale to Pipeline Packaging, Inc.

“Since acquiring N2IT in 2008, we have grown the Company into one of the leading single source distributors for industrial packaging needs in its region. We are ecstatic with the results of our sale process and very appreciative of the process conducted by Nolan & Associates. Nolan’s ability to expeditiously facilitate N2IT’s sale allowed us to take advantage of today’s favorable M&A market and achieve results that surpassed our expectations!”

– Nancy Newby, Owner of N2IT Containers, LLC

St. Louis, MO – (Sept. 5, 2014) Nolan & Associates is pleased to announce that it exclusively advised N2IT Containers, LLC (N2IT) in its sale to Pipeline Packaging, Inc. (Pipeline).

Our Client: N2IT Containers

  • Founded in 1996 and headquartered in Houston, N2IT Containers, a sister company of St. Louis based C.L. Smith Company, is an established full-line industrial container marketer and distributor.
  • N2IT meets the specialized industrial packaging needs for the consumer products, environmental services, chemical and energy industries and has distributed drums, totes and other plastic, steel, glass, tin and fiber containers to customers since its inception.
  • The Company’s commitment to customers is to make the packaging process and the product cost-effective, understandable, reliable, regulation compliant and efficient.

N2IT Containers Objectives

  • The Owner sought a liquidity event through an accelerated sale process. Nolan delivered a closed transaction to the Owner within 4 months of signing the engagement letter.
  • N2IT represented a unique opportunity to acquire a leading distributor of industrial container products to the energy, chemical, consumer product and environmental services market.
  • With the Company’s recession resistant products, energy industry focus and favorable geographic location, N2IT represented an attractive acquisition opportunity for a strategic buyer seeking the opportunity to add significant sales and contribution to its bottom line.

Solution: Sale to Pipeline Packaging

  • Nolan marketed N2IT’s leading position in the energy sector, recession-resistant markets, long term customer relationships providing a one-stop offering, highly diversified business model, attractive growth platform, high velocity distribution, innovative product design capabilities and entrepreneurial workforce.
  • Included in the list of potential buyers was Pipeline Packaging, a leading industrial container distributor in the United States.

Sell Side Process Results

  • Pipeline presented N2IT the best acquisition proposal which included a combination of favorable economics, certainty to close and operational/cultural considerations.
  • Nolan packaged this rare acquisition opportunity with a process that created the competition and momentum necessary to produce the best offers for N2IT from prospective buyers.

About Nolan & Associates

Nolan & Associates is a boutique investment banking firm providing Mergers & Acquisitions and Capital Raise advisory services to middle market business owners and buyers.  Founded in 1976, Nolan is broadly recognized as a leading investment banking firm with Midwestern roots and global reach.  The Nolan team has completed hundreds of transactions in the middle market while working collaboratively from its offices in St. Louis, MO and Decatur, IL.

Securities offered through Middle Market Transactions, Inc.  Member: FINRA/SIPC.

Nolan Advises Lomont Molding in its Sale to Summit EquityNolan Advises PracticeMatch in its Sale to M3