Industrial Packaging Distributor Sold to Chicago Strategic Buyer

CHICAGO - Jan. 9, 2019 - PRLog -- Playbook Advisory Announces the Closing of an Industrial Packaging Distributor to a Chicago Area Based Strategic Buyer.

The Company, founded in 1988, served thousands of accounts including businesses, hospitals, municipalities and park districts throughout the Chicagoland market. The exclusive engagement generated over 80 interested buyers and the business was sold in under 90 days to a larger competitor seeking a growth by acquisition strategy.

The confidential listing was managed by Founder & President Jim Peddle.

Financial terms of the deal were not disclosed.

ABOUT PLAYBOOK ADVISORY:

Playbook Advisory provides business owners a comprehensive and full-service package of services including listing, marketing, negotiating and closing assistance. The firm is an Illinois Registered Business Broker founded in 2016 by Jim Peddle. Business owners can contact Jim Peddle at 312-525-9622 or email president@playbookadvisory.com to learn more about the firm and services.

You can also visit https//www.playbookadvisory.com.