Delos Capital has acquired FCA Packaging, which makes packaging products for equipment manufacturers. Delos bought the company from a group of private investors and partnered with one of the company’s founders and senior management in the deal.
Delos Capital, LLC (“Delos”), a recently launched private equity firm based in New York City, announced today the acquisition of FCA Packaging (“FCA” or the “Company”), which closed on December 23rd. Delos acquired the business from a group of private investors and partnered with one of the founders as well as senior management in the transaction.
FCA is a leading manufacturer of highly customized and engineered packaging products and solutions for major original equipment manufacturers serving such industries as non-residential construction, heavy duty engines, agriculture, mining and energy.
“Delos is excited to partner with the FCA management team for the next stage of the Company’s growth,” said Matthew Constantino, managing partner of Delos. “FCA has a long history being a best-in-class provider of comprehensive packaging solutions to its customers. We believe this partnership with management will forge a path toward significant growth.”
Jeff Campagna, Chairman and Founder of FCA said, “We are excited about the next stage of FCA’s growth and development, and to be partnering with Delos to achieve it. Delos’ experience in growing exceptional companies will allow FCA to take its growth model to the next level.”
David Wilsted, President and CEO of FCA Packaging added, “We are delighted to partner with Delos to continue to grow our business. Our customers value the innovative packaging products and solutions we provide and our partnership with Delos will allow us to continue to serve these customers in the way they expect, and that adds value to their organization.”
About Delos Capital, LLC
Delos Capital, LLC, founded in 2013, is a lower middle market private equity firm specializing in management buyouts, recapitalizations and growth investments in companies in the Chemicals, Packaging, Industrial, Consumer and related sectors.