Mason Wells acquires can decorator Canworks

Private equity firm Mason Wells has acquired Canworks, a direct-to-aluminium-can digital printer serving beverage brands, with Mesirow acting as exclusive financial advisor to the seller. Canworks, founded in 2020 by brothers Ryan and Marshall Thompson, operates five facilities across Texas, Georgia, California, Missouri and Connecticut. Deal value was not disclosed.

Why this mattersPrivate equity capital for a five-site digital can printer strengthens a decoration option for energy drink, hard seltzer and ready-to-drink cocktail brands.

• Mason Wells, a Midwest-based private equity firm, acquired Canworks, Inc.
• Canworks was founded in 2020 by Ryan and Marshall Thompson.
• Canworks operates five facilities in Texas, Georgia, California, Missouri and Connecticut.
• Canworks serves beverage categories including energy drinks, hard seltzer, kombucha and ready-to-drink cocktails.
• Mesirow Investment Banking acted as exclusive financial advisor to Canworks on the sale.
• Mason Wells has raised USD 2.4bn across five buyout funds and is investing out of a USD 767m Fund V.

Relevant to you? Yes No