Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to Rebox Corp (“Rebox”) on its sale to ONCAP.
Origin was engaged by Rebox and ran a successful process. The end result was a transaction with ONCAP, who differentiated itself via a history of successful industrial and distribution investments, a strong track record of partnering with founder-owned businesses, and a compelling value creation plan. ONCAP was attracted to Rebox due to its market leadership in the re-used corrugate space, multiple organic growth levers in a market with a large untapped whitespace opportunity, and unique customer and supplier value proposition by providing material cost savings to customers, premium pricing to recycling alternatives for suppliers, and measurable ESG benefits to both customers and suppliers. This represents Origin’s fourth closed environmental / sustainability sale transaction in the last two years.
Rebox is a Montreal-based pioneer of the used corrugated box industry enabling their suppliers and customers across North America to unlock operational, environmental, and financial efficiencies from their packaging footprint. They are a North American leader in sustainable packaging solutions, selling products including used boxes, new boxes, pallets, gaylords, and other packaging materials, with presence in Canada and the U.S. Rebox plays a significant role in the circular economy by creating a sub-loop connecting waste from suppliers to input packaging for customers.
ONCAP is a Leading Private Equity firm focused on middle market companies in North America
