M&A Deal Summary

Foundation Investment Partners Acquires American Spool & Packaging

On October 17, 2024, private equity firm Foundation Investment Partners acquired packaging company American Spool & Packaging

Acquisition Highlights
  • This is Foundation Investment Partners’ 1st transaction in the Packaging sector.
  • This is Foundation Investment Partners’ 1st transaction in India.
  • This is Foundation Investment Partners’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2024-10-17
Target American Spool & Packaging
Sector Packaging
Buyer(s) Foundation Investment Partners
Deal Type Add-on Acquisition

Target

American Spool & Packaging

Hartsville, South Carolina, India
American Spool & Packaging is specializes in converting sheets, and mill rolls into specialty packaging products. Their product line includes spiral paper tubes, folding paper cartons, paper spools and reels, sleeves and trays, die cut cards, sheeted papers and boards and slit papers. American Spool & Packaging was founded in 1966 and is based in Hartsville, South Carolina.

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Buyer(S) 1

DESCRIPTION

Foundation Investment Partners is a Midwest US-based private equity investor focused on acquiring niche manufacturers, value-added distributors, outsourced business service providers, and targeted software developers. Targeted acquisition characteristics include b2b orientation, defensible market positions, undermanaged, and limited focus on sales/marketing. The Firm seeks businesses profitable candidates with $1 to $6 million of EBITDA. Foundation Investment Partners was formed in 2009 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 8 of 8
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (India) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-11 Spartan Tool Supply

Columbus, Ohio, United States

Spartan Tool Supply is a distributor of industrial power tools and equipment to businesses across various industries. Spartan Tool Supply is based in Columbus, Ohio.

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