Announced
Completed
Synopsis
Wynnchurch Capital-backed Handgards, a distributor of foodservice products, completed the acquisition of Inno-Pak, a provider of food packaging for the foodservice, grocery, convenience store, and hospitality industries, from Emerald Lake Capital Management, a private equity firm. Financial terms were not disclosed. "Inno-Pak represents an opportunity to grow in key foodservice end markets, including grocery and convenience stores, and allows the platform to further capitalize on positive trends around substrate flexibility, consumer convenience, health and hygiene, and on-the-go consumption. We look forward to our continued partnership with Handgards and Inno-Pak as they continue their growth journey," Greg Gleason, Wynnchurch Managing Partner.
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