New York – May 26, 2022 – AEA Investors’ (“AEA” or the “Firm”) Small Business Private Equity team announced that its fund has completed the sale of IGL Holdings I Corp (“Inovar” or the “Company”) to a financial sponsor. Inovar is a high growth supplier of decorative labels serving the short and mid-run segments in a variety of attractive end markets.
In 2016, AEA set out on a mission to build a leading player in the highly fragmented decorative label market through a federation strategy of regional acquisitions and add-ons. Since AEA’s initial investment in the Inovar platform, the Company has completed nine highly strategic acquisitions to expand its product portfolio, manufacturing capabilities and geographic footprint, building one of the fastest growing and most profitable consolidators in the specialty labels market. In addition to robust M&A activity, AEA and management invested heavily in sales, digital marketing, product development and technology to position the business for significant future growth. Importantly, AEA supported several key new hires including, but not limited to, a CEO, CFO, COO and VP of M&A, who were instrumental in executing the value creation plan and positioning the business to become a billion-dollar enterprise.
About AEA Investors
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 and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 100 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have over $17 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments. AEA Private Debt is a strategy within AEA that has invested $7.2 billion since its inception in 2005. The team of experienced professionals partners with leading middle market private equity firms, family offices and entrepreneur-backed companies to provide senior secured financings, junior capital and equity co-investments in support of buyouts, recapitalizations, add-on acquisitions and re-financings.
Headquartered in Dallas, TX, Inovar is one of North America’s premier label printing and packaging solution companies. With seven nationwide locations working closely together, Inovar offers a broad range of products, services, and technologies with a central focus on providing unparalleled quality, customer service, and flexibility to consistently meet our customer evolving needs. For more information, visit www.inovarpackaging.com.
Joele Frank, Wilkinson Brimmer Katcher
Jon Keehner & Erik Carlson
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