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Inovar Packaging Group Secures Growth Investment From Kelso & Company

May 23, 2022•about 3 years ago
Dallas

Description

Inovar Packaging Group (“Inovar” or the “Company”), a full-service provider of pressure sensitive labels, shrink sleeves and flexibles for a wide range of industries, announced today that funds managed by Kelso & Company (“Kelso”) have acquired a majority interest in the Company. Inovar was previously a portfolio company of AEA Investors. The Company’s existing management team, led by Executive Chairman and CEO Jeff Brezek, will continue to lead the company, and remain significant owners of the company alongside Kelso.

Company Information

Company

Inovar

Location

Dallas, Georgia, United States

About

Headquartered in Dallas, TX, Inovar is one of North America’s premier label printing and packaging solution companies. With seven nationwide locations working closely together, Inovar offers a broad range of products, services, and technologies with a central focus on providing unparalleled quality, customer service, and flexibility to consistently meet our customer evolving needs. For more information, visit www.inovarpackaging.com. About Kelso Kelso is one of the oldest and most established firms specializing in private equity investing. Since 1980, Kelso has invested approximately $17 billion of equity capital in 136 transactions. Kelso was founded by the inventor of the Employee Stock Ownership Plan (ESOP) and, as a result, the principles of partnership and alignment of interest serve as the foundation of the firm’s investment philosophy. Kelso benefits from a successful investment track record, deep sector expertise, a long-tenured and stable investing team, and a reputation as a preferred partner to management teams and corporate partners. Kelso has significant experience investing in and supporting high-growth packaging platforms. The firm is based in New York, NY. For more information, please visit www.kelso.com.