Release Date: May 25, 2016
Abraxas Acted as Advisor in this Transaction
ATLANTA, GEORGIA – 25 May 2016 - Abraxas Business Services, specialists in business brokerage, mergers and acquisitions, and exit strategy and succession
planning, announced today that CMO Enterprises, Inc., a wholesaler of industrial packing solutions, has been acquired by Total Container Group, a platform
company of HCI Equity Partners.
Total Container Group was formed in 2014 when two established and growing brands in the industrial container industry – K.P. McNamara Company and RnR Industrial Services – joined together. The company offers a broad array of industrial container solutions – ranging from less than 1-gallon cans to 20,000-gallon storage tanks, as well as a variety of ancillary products and services.