Mereo Capital Partners And Hyperion Capital Partners Acquire Rapidly Growing Manufacturer Of Packaging Solutions
Acquiring Company
Mereo Capital Partners
Acquired Company
Packaging Solutions
Description
Mereo Capital Partners (“Mereo”) (www.mereocapitalpartners.com) and Hyperion Capital Partners (“Hyperion”) are pleased to announce the acquisition of Algus Packaging LLC (“Algus” or the “Company”), a leading provider of thermoformed blister and clamshell packaging and manufacturer of blister seal machines. Founded in 1995 and headquartered in DeKalb, IL, Algus provides complete packaging solutions to a blue-chip roster of customers across a variety of end markets. The transaction closed on November 2, 2022.
Quick answer
Mereo Capital Partners and Hyperion Capital Partners are acquiring Packaging Solutions, announced November 28, 2022.
- How much did Mereo Capital Partners pay for Packaging Solutions?
- The deal value was not disclosed.
- What does Mereo Capital Partners do?
- Mereo Capital Partners (www.mereocapitalpartners.com) makes opportunistic and thematic private equity investments in lower middle-market companies.
- Where are Mereo Capital Partners and Packaging Solutions based?
- Packaging Solutions is based in India.
Source: Fundz verified event record.
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Frequently asked
Who acquired Packaging Solutions?
Packaging Solutions was acquired by Mereo Capital Partners. The deal was reported on November 28, 2022. Mereo Capital Partners (www.mereocapitalpartners.com) makes opportunistic and thematic private equity investments in lower middle-market companies. Mereo Capital Partners is privately held and operates in Venture Capital.
When did Mereo Capital Partners acquire Packaging Solutions?
Mereo Capital Partners's acquisition of Packaging Solutions was reported on November 28, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Packaging Solutions do?
Packaging Solutions, Bags, Materials, Air Bubble Films, Bags, Cut Sheets, Polyethylene Air Bubble Films Manufacturer, Supplier, Wholesaler, Kolhapur, India It is privately held, and is based in India.
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