Infinite Packaging Group, a portfolio company of Svoboda Capital Partners, has acquired Hyde Park Label Company from co-owners, Randy and Geri Wise.
Infinite Packaging Group (IPG) was formed in April 2015 when Svoboda Capital Partners rebranded the operations of M.E.I. Labels (acquired as a platform in December 2012) and TVC Label (acquired by M.E.I. in June 2013) as Infinite Packaging Group.
Hyde Park Label Company (HPL) is a maker of flexographic and digitally printed labels and decorative packaging. The company sells to companies active in the food and beverage, craft beer, wine and spirits, and health and beauty markets. The company is headquartered just north of Austin in Round Rock TX (www.hydeparklabel.com).
Infinite Packaging is a provider of packaging products, including pressure-sensitive labels, shrink sleeves, and pouches to companies operating in the food & beverage; health & beauty; wine, spirits & beer; nutraceutical; pet products; and consumer markets. IPG has three divisions – MEI Labels, TVC One, and TVC Labels and operates out of three production facilities; north of Dallas in Lewisville (headquarters), Tulsa, and Austin (www.infinitepkg.com).
“The HPL acquisition expands our geographic footprint and provides additional capacity. We remain committed to growing IPG through acquisitions and organic growth,” said Lynn Higgs, CEO of Infinite Packaging.
Svoboda Capital Partners invests from $10 million to $20 million in business services, value-added distribution, and consumer products companies that have revenues from $10 million to $100 million and EBITDAs from $3 million to $15 million. The firm was founded in 1998 and has over $300 million of capital under management. Svoboda Capital is based in Chicago (www.svoco.com).
© 2016 Private Equity Professional • Private Equity’s Leading News Magazine • 4-13-16
