Berger Singerman Guides Riverside Paper Co., Inc. in Sale to SupplyOne
October 26, 2020
MIAMI, FL – October 27th – Lead attorneys, David Black and Mitchell Goldberg of Berger Singerman along with investment bank, Brown Gibbons Lang & Company, guided Riverside Paper Co., Inc., a privately held business headquartered in Miami, Florida, in the sale to SupplyOne, Inc., the Newtown Square, Pennsylvania-based consolidator of specialty packaging manufacturers, packaging equipment and supply distributors, represented Thompson Coburn LLP.
Founded in 1973, Riverside Paper Co., Inc. is a family-owned corrugated manufacturer and packaging distributor that has earned distinction as a premier industrial packaging manufacturer, converter, and distributor in South Florida. In addition to custom corrugated and die-cut corrugated products, the company provides a comprehensive selection of shipping, packaging, warehouse, and maintenance products to its customers with next day delivery and shipping from Distribution Centers in Miami, Tampa, and Orlando. Riverside also sells and services packaging equipment throughout the State of Florida.
SupplyOne entered the Florida marketplace in 2012 with the acquisition of Melco, Inc., in Tampa, and has steadily increased its footprint within the state. The acquisition of Riverside Paper is SupplyOne's second in Miami. The company acquired GTI Industries, Inc. in 2019.
"We are excited for our client, Riverside Paper Co., Inc., and its prospects going forward as part of the SupplyOne organization," said David Black, corporate attorney of Berger Singerman. "Riverside and SupplyOne are both industry leaders and they will be even stronger together.”
SupplyOne is the largest independent packaging company in the United States and has made customer service central to everything it does.