Trillium Health Care Products has been sold to New Water Capital

by / Monday, 27 August 2018 / Published in Press Release

Trillium represents Lincoln’s 9th Packaging transaction in 2018

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Richardson Capital (“Richardson”) has sold Trillium Health Care Products (“Trillium” or the “Company”) to an affiliate of New Water Capital L.P. Terms of the transaction were not disclosed.

Trillium, headquartered in Brockville, Ontario, is a leading provider of outsourced manufacturing and packaging solutions to the world’s largest pharmaceutical and over-the-counter personal care product companies. Trillium has built a reputation in the pharmaceutical industry for its focus on quality and technical expertise in short and medium production runs across three dosage forms: liquid, solid and semi-solid. Trillium’s product capabilities include syrups, solutions, suspensions, tablets, capsules, ointments, lotions and other related OTC and Rx products primarily serving cough and cold applications. All of the products that Trillium manufactures are subject to both Health Canada and FDA regulation – therefore, the Company’s long-term track record of quality assurance, compliance and testing throughout the entire supply chain process is critical to customers’ reputations and builds a significant barrier to entry.

Lincoln International acted as the exclusive investment banking representative for Richardson and Trillium, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

About Lincoln International

Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and partnering advisory services on a wide range of transaction sizes. With twenty offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.

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