- United Envelope was established in 1932 and is headquartered in Ridgefield, New Jersey
- United Envelope President and CEO Ken Bernstein will continue to lead the company
- CenterGate Capital invests in the lower middle market
CenterGate Capital has made an investment in United Envelope, an envelope manufacturing company. No financial terms were disclosed.
United Envelope was established in 1932 and is headquartered in Ridgefield, New Jersey. The company’s clients include those in the financial services, non-profit, healthcare, and government end markets.
Moving forward, United Envelope President and CEO Ken Bernstein will continue to lead the company.
“We are proud of the success that United Envelope has achieved in becoming a world-class envelope manufacturer over our 89-year history,” said Bernstein in a statement. “We are excited about our partnership with CenterGate and believe CenterGate will provide the resources and capabilities necessary to continue the Company’s growth, expand our capabilities, and maintain our relentless focus on serving our customers.”
CenterGate Capital was represented by McDermott, Will & Emery in the transaction while CIBC Cleary Gull served as financial advisor to United Envelope.
Based in Austin, CenterGate Capital invests in the lower middle market companies.