Fort Dearborn/Multi-Color plans new financing for buyout by CD&R

By Sara Rosenberg

New York, July 2 – Fort Dearborn/Multi-Color Corp. has received a commitment for financing to help fund the acquisition by Clayton, Dubilier & Rice of Fort Dearborn from Advent International and Multi-Color from Platinum Equity, and merger of the two companies, according to a news release.

Bank of America, Goldman Sachs Bank, Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo and RBC Capital Markets LLC provided the financing commitment.

The combined company is expected to generate about $3 billion of annual revenue.

Closing is expected by the end of the year, subject to customary conditions.

Fort Dearborn is an Elk Grove, Ill.-based label supplier to the consumer goods marketplace. Multi-Color is a Cincinnati-based label solutions company.

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