Company Overview
Provider of custom, innovative, and high-performance paper and plastic packaging products for the food processing, food service, and industrial markets.
Investment Status
Active. Seeking add-on acquisitions to increase product offering, expand geographically, and add new customers.
Transaction Overview
Recapitalization of Central Coated and simultaneous merger with Sun America. The management teams invested in the transaction.
Investment Thesis
- Custom designed and high-performance product offering that drives reoccurring revenue within the resilient food processing market
- Long-tenured, entrenched customer relationships underpinned by custom capabilities and a track record of quality and innovation as well as customer service and support
- Leverage complementary product portfolios and customer relationships to drive cross-sell and increase market share
- Invest in commercial resources and sales management processes to drive new customer acquisition and penetrate underserved markets
- Execute on identified operational improvements to optimize strategic procurement functions, increase capacity, and continue to improve product quality and reliability
- Pursue strategic add-on acquisitions to increase market share, diversify product breadth, expand geographic reach, and provide access to new customers or market segments
Company Website