October 21, 2025

Mesirow Advises EBF on Acquisition by Ahlstrom Oyj

Greenville, South Carolina, October 21, 2025

News Summary

Mesirow has served as the exclusive financial advisor for Eastern Business Forms, LLC (EBF) in its sale to Ahlstrom Oyj. This acquisition integrates EBF into Ahlstrom’s Filtration and Life Sciences business and supports Ahlstrom’s growth strategy. EBF, known for its high-quality medical devices for newborn screening, will enhance Ahlstrom’s product offerings in the healthcare sector. The transaction reflects Mesirow’s extensive experience in investment banking, having completed over 350 transactions recently.

Greenville, South Carolina – Mesirow has successfully acted as the exclusive financial advisor to Eastern Business Forms, LLC (EBF) for its recent sale to Ahlstrom Oyj. This acquisition will integrate EBF into Ahlstrom’s Filtration and Life Sciences business as part of an ongoing growth strategy in those sectors.

EBF, based in Greenville, South Carolina, specializes in manufacturing high-quality natural fiber-based medical devices. The company holds a notable reputation as the leading provider of newborn screening devices, including diagnostic cards and procedure packs. The transaction is expected to bolster Ahlstrom’s capabilities in lab and life sciences, positioning EBF as a key component of its growth strategy.

Ahlstrom, a global leader in sustainable specialty materials, reported net sales amounting to EUR 3.0 billion in 2024 and currently employs around 7,000 people worldwide. The integration of EBF into Ahlstrom will enhance the latter’s offerings in the medical device sector.

Barney Byrd, President & CEO of Gen Cap America (GCA), expressed enthusiasm regarding the transaction, emphasizing the essential role Mesirow played throughout the sale process. Brad Nelson, President and CEO of EBF, also acknowledged the importance of Mesirow’s supports and relationships during this critical time. Chris Yike, Director at Mesirow Investment Banking, reflected confidence in Ahlstrom’s ability to accelerate EBF’s growth, suggesting that the partnership will foster innovation and market expansion.

This sale marks yet another successful transaction for Mesirow Investment Banking, which has completed over 350 transactions in recent years, establishing itself as a trusted advisor in the financial marketplace. Mesirow is an independent, employee-owned financial services firm founded in 1937 and headquartered in Chicago. The firm offers a diverse range of services, including Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services. Recognized multiple times as one of the Best Places to Work in Chicago by Crain’s Chicago Business, Mesirow ranks among Barron’s Top 100 RIA firms, highlighting its commitment to a personal and tailored approach to achieving financial goals.

Overall, the sale of EBF to Ahlstrom signifies a strategic move within the healthcare and materials manufacturing fields and is anticipated to offer enhanced opportunities for both companies as they navigate future growth.

Frequently Asked Questions

Who acted as the financial advisor for Eastern Business Forms, LLC in their sale?

Mesirow acted as the exclusive financial advisor to Eastern Business Forms, LLC (EBF) for its sale to Ahlstrom Oyj.

What does Eastern Business Forms, LLC specialize in?

EBF specializes in manufacturing high-quality natural fiber-based medical devices and is noted as the leading provider of newborn screening devices, including 903 diagnostic cards and procedure packs.