M&A Deal Summary

MSI Express Acquires Express Packaging

On May 1, 2019, MSI Express acquired packaging company Express Packaging from HCI Equity Partners and Patriot Capital

Acquisition Highlights
  • This is MSI Express’ 1st transaction in the Packaging sector.
  • This is MSI Express’ 1st transaction in the United States.
  • This is MSI Express’ 1st transaction in Ohio.

M&A Deal Summary

Date 2019-05-01
Target Express Packaging
Sector Packaging
Buyer(s) MSI Express
Sellers(s) HCI Equity Partners
Patriot Capital
Deal Type Merger

Target

Express Packaging

Columbus, Ohio, United States
Express Packaging, Inc. is a provider of outsourced contract packaging and contract manufacturing services to global consumer brands. Express Packaging was founded in 1985 and is based in Columbus, Ohio.

Search 206,010 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

MSI Express

Portage, Indiana, United States

Category Company
Founded 2008
Sector Packaging
DESCRIPTION

MSI Express provides contract packaging services, such as pouching/bagging, stand-up pouching, filling, lidding, bundle wrapping, flow wrapping, blister carding, shrink wrapping, inspections, mixing, kitting, display building, and canister sealing. It also provides a range of contract manufacturing services, including dry and liquid blending of ingredients, heat pasteurization, and batching. MSI Express was formed in 2008 and is based in Portage, Indiana.


DEAL STATS #
Overall 1 of 2
Sector: Packaging M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Pacmoore

Hammond, Indiana, United States

Pacmoore is a contract food manufacturing company, focused on creating the finest food ingredients in the world and protecting your food and intellectual property through world-class manufacturing standards, integrity, and excellence. Pacmoore was founded in 1989 and is based in Hammond, Indiana.

Buy -

Seller(S) 2

SELLER

HCI Equity Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

HCI Equity Partners is a private equity group that targets lower middle-market industrial product and service companies throughout North America. HCI is a 'hands on' investor, looking to assist portfolio companies with growth strategies and improving profitability. The Firm seeks opportunities with $20 to $200 million in revenues and strong management in place. Specific areas of interest include aerospace/defense, automotive and commercial vehicle suppliers, industrial distribution, infrastructure, power generation, test/measurement equipment, and transportation. HCI Equity Partners (fka Thayer | Hidden Creek Partners) is based in Washington DC.


DEAL STATS #
Overall 17 of 27
Sector: Packaging M&A 3 of 4
Type: Merger M&A Deals 5 of 5
State: Ohio M&A 4 of 4
Country: United States M&A 15 of 25
Year: 2019 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 MSI Express

Portage, Indiana, United States

MSI Express provides contract packaging services, such as pouching/bagging, stand-up pouching, filling, lidding, bundle wrapping, flow wrapping, blister carding, shrink wrapping, inspections, mixing, kitting, display building, and canister sealing. It also provides a range of contract manufacturing services, including dry and liquid blending of ingredients, heat pasteurization, and batching. MSI Express was formed in 2008 and is based in Portage, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-28 HVH Transportation

Denver, Colorado, United States

HVH Transportation, Inc. is an asset-light transportation provider. HVH primarily provides dry van truckload services throughout the Midwest, Southwest, and Western states. HVH Transportation was founded in 1956 and is based in Denver, Colorado.

Sell -
SELLER

Patriot Capital

Baltimore, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.


DEAL STATS #
Overall 35 of 53
Sector: Packaging M&A 1 of 2
Type: Merger M&A Deals 1 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 35 of 53
Year: 2019 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 MSI Express

Portage, Indiana, United States

MSI Express provides contract packaging services, such as pouching/bagging, stand-up pouching, filling, lidding, bundle wrapping, flow wrapping, blister carding, shrink wrapping, inspections, mixing, kitting, display building, and canister sealing. It also provides a range of contract manufacturing services, including dry and liquid blending of ingredients, heat pasteurization, and batching. MSI Express was formed in 2008 and is based in Portage, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-21 Libra Industries

Dayton, Ohio, United States

Libra Industries is a vertically integrated contract manufacturer providing electronic manufacturing services (EMS) to OEMs in the aerospace, defense, medical, semiconductor, communications, and industrial markets. Libra Industries was founded in 1980 and is headquartered in Dayton, Ohio.

Buy -