Queen Saenz + Schutz PLLC represented Indiana-based Richardson Molding, LLC, a portfolio company of Owner Resource Group, LLC (ORG), in its recent merger with Tulip Molded Plastics Corporation, a portfolio company of Saugatuck Capital Company (Saugatuck). The new organization is named Tulip Richardson Manufacturing (TRM), with ORG and Saugatuck remaining as majority owners of the combined company.
As part of the firm’s role in the transaction, QS+S also advised on an amended senior credit facility with Cadence Bank to support TRM’s continuing growth. More information on TRM and the transaction may be found here.