Saothair Capital Partners, a private equity firm focused exclusively on middle-market manufacturing and industrial companies, has announced the completed acquisition of EAM Corp. from Domtar Corporation through a newly formed affiliate. Financial terms of the transaction were not disclosed. Following the closing, current EAM General Manager Vanecia Carr will assume the role of Chief Executive Officer, and Lori Venn will serve as Senior Vice President of Sales and Marketing.
Founded in 1998 and headquartered in Jesup, Georgia, EAM is a leading developer and manufacturer of nonwoven airlaid and laminated absorbent materials used in feminine hygiene, adult incontinence, baby diaper, medical, industrial, and food packaging applications. The company’s product portfolio is built around three branded platforms developed in-house through decades of co-development with leading hygiene brands. Its integrated capabilities span product development through manufacturing and finishing, anchored by deep technical expertise accumulated over more than two decades of serving blue-chip customers across the hygiene and specialty materials industries.
Saothair said EAM’s differentiated product portfolio, long-term customer relationships, and significant growth potential made it a compelling acquisition target within its core manufacturing and industrial focus. Michael Fagan, who brings extensive experience in the absorbent hygiene industry, will join EAM’s Board of Directors as part of the transaction. The new ownership said it plans to foster a culture of operational excellence, strengthen the customer experience, and implement operational improvements to position EAM for sustained long-term growth.
McGuireWoods provided legal counsel to Saothair on the transaction. Domtar was represented by Troutman Pepper Locke for legal counsel and BMO Capital Markets as financial advisor.
KEY QUOTES:
“EAM is a high-quality specialty manufacturer with a differentiated product portfolio, long-term relationships with leading blue-chip customers and significant growth potential. We are extremely excited to partner with Ms. Carr and her team to position the business for the next phase of growth.”
Kevin Madden, Co-Founder and Managing Partner, Saothair Capital Partners
“EAM’s success has always been driven by our people, our technology and our customers. We are proud to take this next step alongside Saothair. Their commitment to investing in the business, supporting our people and building on the strong foundation we have established, while implementing operational improvements to support long-term success, will help position EAM for sustained growth.”
Vanecia Carr, Chief Executive Officer, EAM Corp.
