Announced
Completed
Synopsis
Breck Partners, a Dallas-based private equity firm, completed the acquisition of NPX One, a manufacturer of expanded polystyrene foam food trays, from Atlas Holdings, a private investment and equity firm. Financial terms were not disclosed. “The sale of NPX One concludes an almost decade-long journey that began with the launch of Novipax. This lifecycle reflects a cornerstone of Atlas’ investment approach – acquiring assets via a complex corporate carveout, establishing those assets as a standalone business and strengthening the business over the long term through partnership with the leadership team. NPX One is on an exciting trajectory, and we look forward to watching all that it achieves in this next phase of growth,” Sam Astor, Atlas Holdings Partner.
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