Transaction Details

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R.L. Hulett & Company advised in the sale of Renard Paper Company, Inc., a family owned and operated wholesaler of janitorial supplies and disposable foodservice paper products serving the St. Louis metropolitan area since 1953.

With annual revenue of over $15 million, Renard Paper has grown over the years to become a leading distributor in the St. Louis area of janitorial and paper products to schools and universities, nursing homes, hospitals, commercial building maintenance providers and a variety of other customers.

HP Products, headquartered in Indianapolis, is a distributor of janitorial, safety, packaging, lamping and laundry/dietary products serving customers in a variety of industries.  With over 500,000 square feet of combined warehouse space, HP Products is one of the largest privately owned janitorial and packaging distributors in the Midwest.

R.L. Hulett & Company was the Seller’s exclusive financial advisor in the transaction and facilitated the sale process by contacting a limited number of financial and strategic buyer candidates, advising the Seller during negotiations with prospective Suitors and facilitating the Closing.

HP Products logo

For more information regarding this transaction, please contact:

Trevor Hulett
Managing Director
(314) 721-0607, x112

“R.L. Hulett helped us understand our alternatives and execute a transaction that would allow us to best achieve our objectives. Their expertise and knowledge of the M&A process was vital in closing the transaction in a challenging business climate.”
David Renard, President, Renard Paper Company, Inc.
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