Expands presence into Midwest in partnership with Management
Dallas, TX, October 14, 2019 – Inovar Packaging Group, LLC (“Inovar”) has recently completed its acquisition of Flexo-Graphics (“FG”) in Butler, WI in partnership with Management. This is Inovar’s first platform company in the Midwest Region that adds to its existing manufacturing footprint in the New England Region in Massachusetts, the Southwest Region in Texas and the Southeast Region in Florida. The company is executing on a strategic plan for growth, both organically and through acquisitions in partnership with business owners and management, building regionally based prime label and flexible packaging businesses across the country. Inovar’s mission is to serve the needs of specialty consumer and industrial products companies requiring fast response, speed-to-market and dedicated personal service while offering multiple press options and converting platforms with complex decorative capabilities. “We are thrilled to
have Flexo-Graphics join the Inovar family” said Jeff Brezek, Executive Chairman of Inovar Packaging. “For more than two decades, Tim and Mike McDonough have built a highly innovative consumer and industrial label business with a very strong customer-focused culture. They are a great addition to the Inovar platform.”
Tim McDonough and Mike McDonough, owners of FG, will partner with the current Inovar Management team and will continue leading this Midwest platform. “We are very proud to join forces with the Inovar team, with the support of AEA as our sponsor. This is a win/win for us as we enter into the next phase of our company’s growth,” note Tim and Mike. “The Inovar team brings the much needed scale to allow us to continue to build our market-leading position and achieve our future growth objectives through advancements in technology and additional product offerings for our valued customer base.”
FG was established in 1983 in Milwaukee, WI with the goal of exceeding customer’s expectations. Today that goal remains unchanged as FG builds a true partnership with Inovar and their customers. With over 30 years of experience serving the industrial consumer, food & beverage, automotive and appliance sectors, FG understands the ever-changing needs of its customers. The company prides itself on being flexible, responsive, innovative, and committed to mutual success with our customers.
Ongoing Strategic Investments
Inovar, in partnership with AEA Investors will continue to make strategic investments in all areas of the business to meet the demanding quality, service and delivery requirements of today’s fastpaced production and distribution environments. “We understand the complex and ever-changing needs of growing consumer and industrial products companies and therefore we are committed to increasing our value-added offering and expanding our geographic reach to meet those needs” said Todd Tubbs, President of Inovar.
About Inovar Packaging Group
Inovar is one of North America’s premier label printing and packaging solution companies. From its headquarters in Dallas, Texas, Inovar produces packaging products for many of the nation’s leading brands across multiple industries. Inovar invests in the most up-to-date technology to help clients meet the demands of the marketplace and demonstrates a passion for providing unsurpassed quality and service. For more information, visit www.inovarpackaging.com.
About AEA Investors
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA’s active individual investors include an extraordinary network of more than 75 of the world’s leading industrial families, business executives and formergovernment leaders. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $15.0 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investing. AEA Private Equity invests across four sectors: value added industrial products,specialty chemicals, consumer / retail and services. For more information, please visit www.aeainvestors.com.