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AEA SBF Acquires Inovar Packaging Group
New York – January 4, 2016 – AEA Investors’ (“AEA” or the “Firm”) Small Business Fund (“AEA SBF”) announced today that its fund has closed the acquisition of Inovar Packaging Group, LLC (“Inovar” or the “Company”), a leading regional label and flexible packaging solutions manufacturer.
Headquartered in Arlington, Texas, Inovar is a leading specialty converter of prime labels and flexible packaging, serving blue-chip customers within a diverse set of end markets including, health and personal care, nutraceuticals, industrial, pet food and supplies, and food and beverage. Since its founding in 2005, Inovar has established a track record of providing high quality pressure sensitive labels, shrink fit sleeves and other primary packaging identification products to small and regional brands, primarily in the Southwestern U.S. With a recurring customer base that values Inovar’s high quality product and service offerings, recent key hires in the sales and production departments and significant investments in its digital printing capabilities, Inovar is well positioned to capitalize on multiple growth opportunities.
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $10 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services. AEA SBF is a strategy within AEA that currently manages nearly $1.0 billion of invested and committed capital. The team seeks to help grow and transform companies at the lower end of the middle market by sponsoring growing companies with proven management teams and superior business models.
About Inovar Packaging Group
Inovar is one of North America’s premier printing and packaging solution companies. From its headquarters in Arlington, Texas, Inovar produces packaging products for many of the nation’s leading brands, spanning multiple industries. Inovar has invested in the most up-to-date technology in order to satisfy the needs of even the most demanding customers, which it couples with a passion for providing unsurpassed quality and service.
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