Office Products News

Former Staples boss on private equity payroll

Focus on fire-resistant cabinets.

Former Staples Australia/New Zealand president Jay Mutschler (pictured) has been named non-executive chairman of FireKing International following the company’s acquisition by private equity firm Champlain Capital.

FireKing – which operates in more than 80 countries – will continue manufacturing at its current location in Indiana, maintaining its status as the only US manufacturer of fire-resistant filing cabinets. The company was previously owned by Chicago-based private equity firm Pfingsten.

Mutschler headed Staples Australia/NZ for four years, prior to the company’s sale to US private equity firm Platinum Equity.

Founded in 2002, Champlain invests in manufacturing, consumer products, distribution, healthcare and service businesses with EBITDAs of US$3-US$15 million.
 

Date Published: 
15 January 2020