Generational Equity Advises Indepak in its Sale to Sinclair & Rush
Summary
Due to its comprehensive in-house equipment capabilities, the Company can process different types of materials including HIPS, PET, PETG, ABS, PVC, OPS, HDPE, PP, and starch-based biomaterials. “The acquisition of Indepak is aligned with our growth strategy for thermoforming and presents us with numerous new business opportunities,” said Brad Philip, President and CEO of Sinclair & Rush. We are pleased to acquire such a forward-thinking company that enjoys solid business relationships with its loyal customers, many of whom are internationally renowned.” The S&R customer base, particularly those within its VisiPak division, will now enjoy the benefits of having an expanded team of world-class packaging designers, another in-house tooling operation, additional capacity, closer proximity to their operations when located west of the Rockies and a food packaging certified manufacturing option. The value of having access to multiple thermoforming and packaging options from one partner is multiplied when projects can begin and end under one roof.” Barket added, “The global, regional, and local customers of both companies will gain access to a broader product portfolio, increased product differentiation, redundancy in operations to mitigate supply risks and operating efficiencies that will further enhance their brands and grow their bottom line.” Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Managing Director, M&A, Chad Comroe closed the transaction. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.