Stickel Relies on Triad During Veritiv Buyout

Contributed by BSM Staff

NEW YORK -- Triad Securities Corp., a brokerage firm, served as exclusive financial advisor to Stickel Packaging Supply, a janitorial distributor in Lakewood, NJ, on its sale to Veritiv Operating Company, a global provider of specialty packaging solutions.

Founded in 1987, Stickel has served customers across New Jersey and the greater New York metropolitan area, offering packaging and shipping products, packaging equipment, janitorial supplies, safety products, and related services, including packaging material evaluation, facility planning and custom design.

Scott Daspin, managing director of investment banking at Triad, said, "Stickel is the kind of family-owned packaging business our practice was built around. It was a privilege to work with Chris and Peter on this transaction."

Stickel Packaging Supply was founded by Hal Stickel in 1987. It is currently operated by Jeanne Stickel and their two sons, Christopher and Peter Borriello, and distributes corrugated packaging, tape, equipment, and stretch film solutions to customers across New Jersey, greater Philadelphia, and Northern Delaware from its Lakewood, New Jersey facility.

"Joining Veritiv marks an exciting new chapter for Stickel Packaging Supply," said Chris and Peter Borriello. "With Veritiv's deep resources, national scale, and commitment to customer success, our team is well-positioned to continue delivering exceptional service while expanding opportunities for growth.
Finding the right home for our employees and customers was what mattered most to us. Triad understood that from the start."

Triad's packaging M&A practice advises multi-generational, family-owned manufacturers and distributors — most of them decades old — on sell-side transactions to the right partner. Stickel adds to a growing roster of similar engagements across the lower middle market.

Triad Securities Corp., a member of FINRA and SIPC, is a full-service, agency-only brokerage firm that strives to provide superior and personalized investment banking and prime brokerage services.

For more, go to Veritiv.com.