Mereo Capital Partners And Hyperion Capital Partners Acquire Rapidly Growing Manufacturer Of Packaging Solutions
Mereo Capital Partners And Hyperion Capital Partners Acquire Rapidly Growing Manufacturer Of Packaging Solutions
11/28/22, 12:37 PM
Industry
venture capital
angel investment
venture capital
finance
Mereo Capital Partners (“Mereo”) (www.mereocapitalpartners.com) and Hyperion Capital Partners (“Hyperion”) are pleased to announce the acquisition of Algus Packaging LLC (“Algus” or the “Company”), a leading provider of thermoformed blister and clamshell packaging and manufacturer of blister seal machines. Founded in 1995 and headquartered in DeKalb, IL, Algus provides complete packaging solutions to a blue-chip roster of customers across a variety of end markets. The transaction closed on November 2, 2022.
Company Info
Company info
Mereo Capital Partners (www.mereocapitalpartners.com) makes opportunistic and thematic private equity investments in lower middle-market companies. Mereo focuses primarily on the following industries where it has significant experience, expertise and a deep network of resources: aerospace & defense, industrial, healthcare services and business services companies.
Company info
Hyperion Capital Partners (hyperion-cp.com) is a private investment firm based in Los Angeles that establishes and utilizes partnerships with management to produce substantial long-term value. Hyperion makes control investments in companies that generate between $20 and $200 million of revenue and that are headquartered in North America.