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Succession Capital, a principal-led investment vehicle focused on the acquisition and leadership of family- and founder-led companies, created by Padraig Lawlor in 2023, has announced the acquisition of Jillson & Roberts, a family-owned provider of premium gift wrap and packaging products. The transaction was led by Novastone Partners US as lead investor, alongside Altis, Iberia, CapitalPad, South Highland Ventures through SHV ETA Fund I, Dan Dorman, and Pau Cortes. The EV was $11M (around 4.5x EBITDA), with approximately 50% in senior debt.
Jillson & Roberts is a Southern California-based manufacturer and distributor of premium gift wrap, gift bags, ribbons, gift enclosure cards, decorative mailing boxes, and related social expression products. Founded in 1974, the company has built a longstanding reputation for quality, fashion-forward designs, and exceptional service, supplying retailers across North America with premium packaging solutions for every occasion. Its sales are above $11M, with approximately $2.4M in EBITDA.
“Jillson & Roberts is exactly the type of business our operator-led buyout model was built to support. It’s an established, family-owned company with a strong legacy, a clear succession opportunity, and an experienced operator in Padraig Lawlor who is well positioned to lead the company into its next chapter,” commented Christian Malek, Founder and CEO of Novastone Capital Advisors.
