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Madison Street Capital Arranges Growth Equity Facility for Sterling Packaging

Chicago, IL, July 31, 2017 --(PR.com)-- International investment banking firm, Madison Street Capital,
acted as the exclusive financial advisor in arranging a growth equity investment for its client, Sterling
Packaging. Based in Selkirk, Manitoba, with expansion into Monroeville, Alabama, Sterling Packaging is
a leading manufacturer of folding cartons that serves customers throughout the United States and Canada.
The equity facility was provided by Druid Capital Partners. The transaction was announced today by
Charles Botchway, CEO of Madison Street Capital. The transaction was led by Madison Street Capital
Senior Managing Director, Jay Rodgers.

Jay Rodgers, Senior Managing Director at Madison Street Capital, said, The team at Sterling Packaging,
led by its founders, Jim and Debbie Hickson, has done an excellent job of building a scale business with a
superior product offering. Sterling Packaging's broad customer base will benefit from the expansion
solutions that will come to fruition on an expedited timeline now with Druid Capital Partners' financial
backing. We are pleased to have assisted in bringing these parties together.

Martin Holt, Managing Partner with Druid Capital, said, We are extremely excited to have the Hicksons
as a partner. Jim and Debbie truly are hardworking entrepreneurs who have instilled a strong value
system in their company and their children, evidenced by the leadership roles held by Kelly and Colin.
We look forward to working together and we appreciate the role Madison Street played in connecting
Druid and Sterling and assisting us with the transaction.

About Madison Street Capital


Madison Street Capital is an international investment banking firm committed to integrity, excellence,
leadership and service in delivering corporate financial advisory services, merger and acquisition
expertise, financial opinions, and valuation services to publicly and privately held businesses. These
services position our clients to succeed in the global marketplace. In undertaking each new project, the
client's goals and objectives become ours, ranging from financial advisory and successful capital raises to
M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core
component driving the global growth of our clients, and will continue to focus significant assets on these
markets. Our firm has earned the trust of clients around the world through our unwavering dedication to
the highest levels of professional standards. For additional information, please visit our website and
follow us on Twitter, and LinkedIn.

About Sterling Packaging


Founded in 1989 and headquartered in Selkirk, Manitoba, Sterling Packaging designs and manufacturers
folded paperboard cartons for a variety of industries including food and beverage, hardware, cosmetic,
and pharmaceuticals. Its clients range from small, privately owned businesses to Fortune 500 companies
in the U.S. and Canada. While it serves a range of industries, the company has established a solid
foothold in the beverage industry, specializing in the manufacture of bottle carriers and beer packaging
for craft brewers. For additional information about Sterling Packaging, visit the company's website at
www.sterlingpackaginginc.com.

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About Druid Capital Partners
Formed in 2015, Druid Capital Partners is a boutique investment manager focused on investing in private
companies in the Southeast, targeting specialty manufacturing, distribution, and industrial services. Druid
Capital invests via majority acquisitions and recapitalizations in established companies alongside
motivated, entrepreneurial owners and managers, providing a reliable, trusted, and local source of equity
capital. For more information, please visit www.druidcapital.com.

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Contact Information:
Madison Street Capital
Courtney Fitzpatrick
512-888-2502
Contact via Email
www.madisonstreetcapital.com

Online Version of Press Release:


You can read the online version of this press release at: http://www.pr.com/press-release/725131

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