PPC Flexible Packaging, LLC
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PPC Flexible Packaging, LLC - overview
Established
1968
Location
Buffalo Grove, IL, US
Primary Industry
Packaging
About
PPC Flexible Packaging, LLC is a US-based company specializing in innovative flexible packaging solutions for various industries, including food, healthcare, and petcare, emphasizing product preservation and waste reduction. Founded in 1968, PPC Flexible Packaging, LLC operates in Buffalo Grove, US, offering a range of flexible packaging solutions. The company was acquired by GTCR in October 2021 from Morgan Stanley Investment Management, with financial terms undisclosed. Kevin Keneally is the current CEO, guiding the company in its strategic initiatives.
PPC Flex specializes in an extensive range of flexible packaging solutions tailored to diverse industry needs. Their offerings encompass pouches and bags, rollstock packaging, reclosable packaging, and cleanroom stock products, all designed to maintain product freshness while preventing spillage and waste. Catering to multiple markets such as food packaging for snacks, frozen items, and bakery goods; healthcare packaging for sterile environments; petcare packaging for pet food and toys; nutraceuticals; fresh produce; and floral packaging solutions, their products enhance shelf presence and provide protective characteristics for clients across various sectors. PPC Flex generates revenue through B2B transactions, primarily serving manufacturers and retailers in its diverse market segments.
The company engages clients through direct partnerships, offering tailored packaging solutions based on specific product needs, leading to custom orders. This model supports the creation of both rapid prototypes and larger production runs as per client specifications, with flagship products like gusseted pouches designed to be cost-effective while attracting consumer attention. Following the acquisition by GTCR in October 2021, PPC Flexible Packaging, LLC aims to support its growth by expanding its suite of packaging solutions and pursuing future acquisitions. The company plans to explore new markets and geographic regions, leveraging the resources from this acquisition to fund these initiatives.
Current Investors
GTCR
Primary Industry
Packaging
Sub Industries
Commercial Printing, Packaging
Website
www.ppcflex.com
Verticals
E-commerce, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
PPC Flexible Packaging, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SÜDPACK Holding GmbH | - | ||||||||
| Add-on, Trade Sale | Completed | Stepac L.A Ltd. | - | ||||||||
| Add-on | Completed | Plastic Packaging Technologies, LLC | - | ||||||||
| Secondary Buyout | Completed | PPC Flexible Packaging, LLC | - | ||||||||
| Add-on | Completed | Consumer Packaging Group, Inc. | - |
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