...Recurring revenue base with long-term secular growth tailwinds. Participation in the highly competitive and fragmented food packaging industry. Moderate geographic and end market diversity. Small scale and scope of operations. Financial sponsor ownership increases the risk of re-leveraging. The 12 months ended June 30, 2022, continue to be stable and should support decent operating trends in 2023. In the next few quarters, we expect operating trends to be stable supported healthy orders and record backlog. Growth in demand for take-out and food delivery proved resilient throughout pandemic re-openings, resulting in continued strength in rigid packaging systems sales. Demand for alternative energy source connections and higher speed communications led to increases within the infrastructure portfolio. These trends have increased sales by 32% from June 2021....
