Holliston, LLC

Client Profile
Holliston, LLC (“Holliston” or the “Company”), founded in 1893 and based in Church Hill, Tennessee, is a leading value-added producer of coated cloth covering materials. The Company’s products provide protection and security for books and other published materials as well as packaging and industrial products. Holliston serves a diverse, global customer base across a variety of end markets including publishing companies, bookbinders, government passport contractors and major industrial consumer brand companies. Due to its reputation for producing high quality products, the Company holds the distinction of being the sole supplier of U.S. passport covers for over 20 years.
Situation
Holliston had a long history of successful operations but sought new investors to assist with executing the next phase of its strategic plan.
Solution
SSG ran a comprehensive marketing process and solicited offers from a broad universe of strategic and financial investors. The offer from Henry and Wallace, LLC was the best option to provide a return to the Company’s stakeholders and to provide a new platform for future growth.