Multi Packaging Solutions is a manufacturer of printed folding cartons, labels, and inserts for customers in the healthcare, consumer, and media end markets. MPS has experienced significant growth since Irving Place Capital's initial investment and now operates 16 manufacturing facilities in the U.S. and Europe, with approximately 2,600 employees worldwide.
"In 2005 we backed entrepreneur Marc Shore with the shared vision of creating a packaging company that didn't exist in the marketplace," said Phil Carpenter, a senior managing director at Irving Place Capital. "Over the past eight years, Marc and the MPS management team have seized that opportunity, completing seven add-on acquisitions, entering new end markets, and investing aggressively to establish a global business to reach new customers. We have enjoyed supporting the team in building MPS and extend our best wishes for their continued success."
Marc Shore, CEO of MPS, said that the growth his company has achieved over the last eight years "would not have been possible without the support of our customers, employees, and Irving Place Capital. We are excited to partner with Madison Dearborn Partners to capitalize on the significant opportunities available to expand and develop our business. MDP has substantial experience in the packaging industry and our new partnership will allow us to accelerate growth while continuing to provide high-quality products and outstanding service to our global customers."
MPS is a manufacturer of print-based specialty packaging for the healthcare, consumer, and media end markets. It has 16 manufacturing locations in the U.S. and Europe.
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