Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

Olympus Partners to acquire Pregis Corp. North America

DEERFIELD, Ill., April 22, 2014-- Private equity firm Olympus Partners, Stamford, Conn., has agreed to acquire Pregis Corporation North America, a protective packaging materials and systems manufacturer, for an undisclosed amount. The transaction is expected to be completed by the end of May.

"Olympus Partners looks for enterprises that have established a leading market position and have a strong management team. We believe that such companies will enjoy greater long term value creation and generate superior investment returns. Pregis meets those criteria and we are pleased to add the company to our diverse investment portfolio," said Manu Bettegowda, partner. "Pregis is well positioned for growth with innovative solutions, expanding markets and solid channel partnerships.

Pregis' current management team, led by Kevin Baudhuin, president and chief executive officer, will continue under Olympus ownership. The company has been owned by private equity firm AEA Investors LLC since 2005. Under its ownership, investments were made via acquisitions (Surface Guard and IntelliPack), as well as in technology development, including a variety of protective packaging systems and material launches.

"Over the past decade, Pregis has established a strong track record of growing its business through product development, market diversification and acquisition. Olympus Partners will continue supporting that growth by investing significant capital in the business. This will help accelerate our strategic and innovation vision," said Baudhuin.

In North America, Pregis operates 14 facilities producing a variety of protective packaging products and value added system solutions. Pregis partners with industrial and packaging distributors, fabricators and specialty suppliers to deliver customer-driven solutions to a wide variety of end use markets.

About AEA Investors

Founded in 1968, AEA is a pioneer in the private equity industry. Its track record reflects superior returns as a leading private equity partner to middle-market companies. AEA focuses on control buyouts in four industry sectors: value-added industrial products, specialty chemicals, consumer products and related services. For more information: www.aeainvestors.com.

About Olympus Partners

Founded in 1988, Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion. Olympus is an active, long-term investor across a broad range of industries, including consumer products, healthcare, financial services and business services. For more information: www.olympuspartners.com.

About Pregis

Pregis Corporation is a leading global provider of innovative protective packaging materials and systems. The company offers solutions for a wide variety of consumer and industrial market segments including food, beverage, healthcare, medical devices, agricultural, e-commerce, retail, automotive, furniture, electronics, construction and military/aerospace. For more information: www.pregis.com.


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals New
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

Venture Capital StarterPak
VC Pitch
Private Placement Memorandum
Confidentiality Agreement Package
Series A Preferred Term Sheet
Bridge Financing Contract
Employment Agreements
Understanding Employee Stock Options

Business Plan Tools

Free Business Plan Template
Sample Business Plans
Business Plan Pro

 

 

Copyright 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer