Latham & Watkins Reps Platinum Equity In $1.2B BWAY Buy

Law360, New York (October 2, 2012, 7:11 PM EDT) -- Moving from one private equity firm to another, packaging container company BWAY Parent Co. Inc. announced Tuesday that it has agreed to be acquired by a Platinum Equity affiliate in a transaction valued at about $1.24 billion.

The proposed deal represents a return on investment of about 36 percent for Madison Dearborn Partners LLC, the private equity firm that acquired Atlanta-based BWAY in 2010 for $915 million and took it private. Platinum will acquire BWAY from Madison Dearborn via a merger, with senior BWAY executives and...
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