L’AIGLE, FRANCE / POUGHKEEPSIE, NEW YORK — Seale & Associates, Inc. announced that it acted as exclusive financial advisor to KPAC Solutions (“KPAC”) on the sale of its portfolio company James Burn International (“JBI”). The United States operations of JBI have been purchased by Spiral Binding Corp, based in Totowa, New Jersey. The international operations and select machinery and intellectual property of the U.S. operation have been purchased by JBI Holding SAS. Specific terms of the transaction were not disclosed.
JBI designs, manufactures, and distributes solution-oriented document finishing equipment and consumable finishing supplies to trade bindery, print-on-demand, and small business markets. The company provides a comprehensive range of automatic, semi-automatic and manual punching and wire-binding equipment, which incorporates the latest advanced technologies for environments where flexibility and productivity are essential. JBI’s products are sold globally through direct sales channels, distributors, dealers, and the Internet.
KPAC is a private investment company focused on the acquisition and turn-around of distressed and underperforming manufacturing and industrial businesses. KPAC is a global private investment company headquartered in Nashville, Tennessee with offices in Los Angeles, California; Richmond, Virginia; and Paris, France. KPAC has purchased and restructured numerous businesses in the United States, Europe, South America and Asia, which were primarily acquired from Fortune 1000 companies.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities related transactions are cleared through Seale Capital, Inc. For more information please visit www.sealeassociates.com