DLA Piper advises Granite Creek Capital Partners in its acquisition of NYP Corp.

DLA Piper advised Granite Creek Capital Partners (Granite Creek), a Chicago-based private investment firm, in its acquisition of NYP Corp., a New Jersey-based value-added packaging manufacturer and distributor focused on the wholesale nursery, agricultural and industrial markets.

Since its founding in 1946, NYP is a family-managed business that sources, processes and distributes its broad portfolio of textile-based and other consumable products. With a strategically located network of manufacturing and distribution facilities, NYP serves a highly diverse customer base.

Granite Creek focuses on providing capital and operational resources to lower middle market companies engaged in manufacturing, business services, healthcare and agribusiness. Their team will leverage their years of business development experience and resources to support NYP in its next phase of growth, product diversification and expansion.

“The support of Scott, Lizzie and the broader DLA Piper team was critical to the successful closing of the transaction”, said Andrew Kearney, Director at Granite Creek. “Their ability to navigate complex business and legal issues, balance competing priorities and serve as a trusted advisor is truly second to none.”

“It was a pleasure working with Granite Creek to complete this critical acquisition. As a result, Granite’s substantial capital and industry knowledge are positioned to expand the reach and scope of NYP’s business,” said Scott Kapp, the DLA Piper partner who led the deal team.

The DLA Piper team that advised Granite Creek was led by partner Kapp and included associate Lizzie Abramson (both in Chicago).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 13 consecutive years, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.