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Max Solutions Announces Its Acquisition Of Canadian Packaging Company - The Ellis Group

Sep 30, 2022•almost 3 years ago

Acquiring Company

Max Solutions

Acquired Company

the Ellis Group

BristolManufacturingHealth CareManufacturing

Description

Max Solutions, Inc., a differentiated specialty packaging company launched in 2021, is pleased to announce the acquisition of the Ellis Group, Canada’s largest family owned and operated folding carton company. Founded more than 40 years ago, the Ellis Group currently operates three manufacturing facilities in Ontario.

Company Information

Company

Max Solutions

Location

Bristol, Pennsylvania, United States

About

MAX Solutions Inc. is a differentiated specialty packaging company formed in 2021, with a focus on impacting its customers, employees, communities, and the environment through specialty packaging solutions that support the healthcare and consumer segments. The company delivers unmatched impact by investing in next-generation technology, building and supporting an exceptional team of people, and never placing limits on creativity.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed