BDO Capital Advises on Sale of Pak Source Inc.

Chicago, IL – October 1, 2021 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce the sale of Pak Source Inc. (Pak Source or the Company) to White Distribution & Supply, LLC (WDS), a portfolio company of Slate Capital Group, LLC. BDO Capital served as exclusive financial advisor to Pak Source on this transaction, which builds on the firm’s experience advising founder owned businesses in the manufacturing and distribution sector. Bill Shiry, Managing Director, led the client engagement for BDO Capital.

Founded in 2001, Pak Source is a leading just-in-time manufacturer of wood pallets, skids and crates with extensive industry experience in custom builds and design for commercial and military applications. Pak Source is also an authorized distributor for a variety of leading packaging product manufacturers.

“WDS’s product breadth, market reach, and functional resources made them the perfect partner to help Pak Source achieve its planned growth”, said Brenda Gillman, Pak Source President, “We are excited to work with the WDS team and to leverage their strategic and operational expertise.”

“We are excited to join forces with the Pak Source team and add yet more just-in-time custom solution capabilities to the WDS service offering”, said WDS CEO John MacQuarrie. MacQuarrie added “Their relentless focus on customer service and delivering customized quality products has allowed Pak Source to gain market share. We look forward to building on this momentum and continuing the Company’s growth in the coming years.”

WDS provides custom supply chain solutions for MRO and production consumable products. WDS also provides customers with turnkey 3PL inventory management solutions for their production materials or equipment parts. WDS solutions help customers optimize how they leverage their real estate, manpower, and working capital assets.