Quad-C Management has acquired a majority equity interest in Inmark Packaging, a distributor of rigid container and life sciences packaging.
“After vetting numerous potential partners, we selected Quad-C due to their industry expertise as well as their historical success in partnering with owner-operators like myself,” said David Oyler, CEO of Inmark. “We have completed three acquisitions in the past three years, and we felt bringing on a partner like Quad-C, with substantial capital, industry and M&A expertise, would allow us to accelerate growth further.”
Inmark Packaging primarily distributes rigid container packaging and designs and distributes life sciences packaging used in specimen transport, temperature-controlled and dangerous goods applications. Inmark also provides its customers with online dangerous goods regulatory compliance training. Currently operating out of six locations in the United States, one location in Singapore and one location in the United Kingdom, Inmark has distribution across North America, Asia, United Kingdom and South America. Inmark was founded in 1975 and is headquartered in Atlanta (www.inmarkpackaging.com).
“David Oyler and his management team have done an excellent job building out the Inmark platform in recent years, and we’re looking forward to supporting their organic and acquisition-driven growth strategies going forward,” said Frank Winslow, Partner at Quad-C Management.
The buy of Inmark falls squarely within three of Quad-C’s core investing sectors – packaging, specialty distribution and healthcare. Some of Quad-C’s past investments in these sectors include: Technimark (www.technimark.com), a provider of injection molded packaging used in the consumer, healthcare and specialty industrial end markets; EFC (www.efc-intl.com), a value-added distributor of specialty fasteners to the automotive and industrial end-markets; and Joerns Healthcare (www.joerns.com), a manufacturer of equipment and provider of wound therapy services used in the care and handling of patients in post-acute healthcare settings.
Quad-C invests from $35 million to $125 million of equity in companies with enterprise values of $75 million to $400 million. Sectors of interest include business services, consumer, general industrial, healthcare, specialty distribution, and transportation & logistics. Quad-C was founded in 1989 and is headquartered in Charlottesville (www.quadcmanagement.com).
© 2016 Private Equity Professional • Private Equity’s Leading News Magazine • 3-4-16
