Private equity firm Quad-C Management has invested undisclosed sum in rigid container and life sciences packaging distributor Inmark Packaging.
Under the terms of the deal, which is structured as an owner-operator recapitalization, Inmark's management will retain a significant ownership in the business.
Based in Atlanta, Georgia, Inmark Packaging provides packaging solutions and operates out of six locations in the US, one in Singapore and one in the UK.
Inmark primarily distributes rigid container packaging including glass, plastic and metal containers for various industries such as food, beverage, cosmetic, chemical and coatings.
In addition to designing distributing life sciences packaging solutions for specimen transport, temperature-controlled and dangerous goods applications, Inmark provides online dangerous goods regulatory compliance training.
Commenting on the deal, Inmark CEO David Oyler said: "After vetting numerous potential partners, we selected Quad-C due to their industry expertise as well as their historical success in partnering with owner-operators like myself.
"We have completed three acquisitions in the past three years, and we felt bringing on a partner like Quad-C, with substantial capital, industry and M&A expertise, would allow us to accelerate growth further."
Earlier, Quad-C also invested in other companies in the packaging sector which include Technimark, which provides injection molded solutions for consumer packaging, healthcare and specialty industrial end markets.
In 2015, Inmark acquired Saf-T-Pak, a provider of regulatory training and packaging for the safe transport of infectious substances.
Image: Quad-C has earlier invested in Technimark, a provider of injection molded solutions for consumer packaging, healthcare and specialty industrial end markets. Photo: courtesy of adamr/ FreeDigitalPhotos.net.