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Announced

GenNx360 Capital to acquire B2B Industrial Packaging and AMW Packaging Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

United States

Acquisition

Mbo

Single Bidder

Private

Pending

Private Equity

Containers and Packaging

fasteners

packaging supplies

Friendly

Synopsis

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GenNx360 Capital, a New York City-based private equity firm investing in middle-market business-to-business industrial and business services companies, agreed to acquire B2B Industrial Packaging, a provider of a full range of packaging supplies and equipment, including strapping, stretch film, corrugated, and fasteners, and AMW Packaging Supply, a provider of a variety of packaging supplies and equipment. Financial terms were not disclosed. "The complementary nature of B2B Industrial and AMW Packaging Supply's service offerings will result in a partnership that provides clients with a more robust offering and enhances our growth potential. GenNx360's operational expertise and track record of building platforms will be a tremendous asset to the management team as we undertake this next phase of rapid growth," Bill Drake, B2B Industrial CEO.

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