12 Jan PE-backed Fortis acquires Infinite Packaging Group
Fortis Solutions Group LLC, a portfolio company of Main Post Partners, has acquired Infinite Packaging Group Inc, a converter of label products. No financial terms were disclosed. Infinite was backed by Svoboda Capital Partners LLC.
VIRGINIA BEACH, Va., Jan. 2, 2019 /PRNewswire/ — Fortis Solutions Group LLC, a portfolio company of Main Post Partners, is pleased to announce the acquisition of Infinite Packaging Group, Inc., a portfolio company of Svoboda Capital Partners LLC.
Infinite, with facilities in Lewisville, TX and Catoosa, OK, is a full-service converter of label products, including pressure sensitive labels, shrink sleeves and complementary products and services. Infinite serves a diverse group of clients in several consumer vertical markets including consumer products, retail, food and beverage, nutraceuticals and health and beauty. In addition, the Company has developed a specialized line of products and solutions for e-commerce sales.
Fortis President and CEO John O. Wynne, Jr. commented, “I have long admired the Infinite organization and it’s go-to-market strategies. We are excited to partner with Infinite CEO Lynn Higgs to continue building upon their success. This acquisition is a wonderful opportunity to grow our presence in the Texas market and establish a presence in Oklahoma. In addition, we will be bolstering our strength across product offerings and key vertical markets. We welcome the Infinite employees and customers to the Fortis organization.”
Infinite CEO G. Lynn Higgs added, “We are thrilled to join forces with Fortis CEO, John Wynne, and the entire Fortis team. This will be a powerful business combination that will provide access to a national footprint and allow us to bring added capabilities to our customers. The customer-focused approach of Fortis is a great cultural fit with what we have been building over the years.”
Employing over 550 employees across 12 sites, the company intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.
For more information, or to contact a sales representative to learn more about how Fortis can make a difference for you, please call 1-844-FSG-LBLS or visit www.FortisSolutionsGroup.com.
About Fortis Solutions Group
At Fortis Solutions Group, we provide a differentiated approach giving our customers a powerful advantage in the marketplace through industry leading lead times, quality control, color management and solutions-oriented approaches. We deliver a breadth of product offerings utilizing our outstanding flexographic, offset and digital printing capabilities. These offerings include pressure sensitive and shrink sleeve labels, extended booklet printing, folding cartons, variable data printing, multi-ply coupon printing and flexible packaging printing. Headquartered in Virginia Beach, VA, the company also has manufacturing and sales offices in Austin, TX, Catoosa, OK, Ellington, CT, Flowery Branch, GA, Fort Worth, TX, High Point, NC, Kansas City, MO, Lewisville, TX, Memphis, TN, West Chester, OH and Wixom, MI.
About Main Post Partners
Main Post Partners is a private equity investment firm focused on investing in proven growth companies across the consumer value chain. Main Post Partners invests in both majority and minority positions primarily in first institutional capital situations where founders, entrepreneurs and management teams are looking for an experienced partner to help build their companies to full potential. With a “Partnership, not Ownership” approach, Main Post Partners works closely with a network of successful executives to provide operational and strategic support to its management partners.
About Svoboda Capital Partners LLC
Svoboda Capital Partners LLC is a Chicago-based private equity firm that invests in leading middle market growth companies. Svoboda Capital focuses on companies in the value-added distribution, business services, and consumer products and services sectors typically valued between $25 million to $150 million. Svoboda Capital seeks to partner with and empower outstanding management teams with a track record of success and a desire to execute on well-defined growth initiatives. Founded in 1998, Svoboda Capital has more than 70 years of collective private equity experience, extensive industry contacts and a culture of honesty, integrity and hard work. For more information on Svoboda Capital, please visit www.svoco.com.
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