DALLAS–(BUSINESS WIRE)–Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Olympic Plastic Bags (1983), Ltd. to King West Partners. The acquisition closed November 24, 2024.
Located in Toronto, Ontario, Canada, Olympic Plastic Bags Limited is a leading manufacturer of custom plastic packaging solutions. Founded in 1983, the company serves distributors across North America with high-quality plastic bags, films, and specialty products. With a fully integrated extrusion, printing, and converting facility, Olympic ensures cost-effective, sustainable, and rapid production. Committed to innovation, the company offers biodegradable and recycled materials while maintaining strict quality control under ISO 9001 and SQF certification.
Based in Toronto, Ontario, Canada, King West Partners is a private investment firm dedicated to acquiring and growing exceptional businesses across North America. The firm partners with business owners seeking full or partial liquidity, offering a flexible, long-term investment approach rather than a traditional private equity model with fixed timelines. King West Partners focuses on sustainable growth, leveraging its capital, operational expertise, and extensive network to create lasting value while preserving each company’s core identity and legacy.
Led by Generational Group Executive Managing Director, M&A, Eastern Region – David Fergusson , and his team led by Generational Senior Managing Director, M&A, Mike Hammer, with the support of Managing Director, Corey Painter successfully closed the deal. Executive Managing Director, Ed Weber and Senior M&A Advisor, Dave Heymann established the initial relationship with Olympic Plastic Bags (1983), Ltd.
Ryan Binkley, CEO of Generational Group, added, “This strategic partnership will drive growth and innovation for both companies. At Generational Group, we are proud to facilitate such impactful acquisitions.”
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These services include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Generational Group was honored as the 2024 USA Investment Banking Firm of the Year by the Global M&A Network and named Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022. The firm also received recognition as Valuation Firm of the Year and Consulting Firm of the Year in 2022 and 2023, further cementing its reputation as a leader in M&A advisory services.
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