Associated Sales and Bag Company
Associated Sales and Bag Co.
Fund: I
Investment Date: April 1994
Exit Date: April 1996
Headquarters: Milwaukee, Wisconsin
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Associated Sales and Bag Co. (“Associated”), headquartered in Milwaukee, Wisconsin, is a leading mail distributor of packaging, shipping and safety products. Associated’s principal product lines consist of polyethylene bags, bag closing devices, packaging products and disposable safety items, which are sold to over 80,000 customers throughout the United States.
Merit provided subordinated debt with contingent interest in the recapitalization.
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