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

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.