Fairchild Capital Partners has acquired Buffalo, New York-based Package Design & Supply Co., Inc, a maker of industrial and business packaging and shipping products and supplies. No financial terms were disclosed.
Fairchild Capital Partners, LLC, a private equity firm based in Buffalo, NY, announced the acquisition of Package Design & Supply Co., Inc. Package Design, based in Buffalo, NY, is a leading manufacturer, converter, and distributor of a comprehensive line of industrial and business packaging and shipping products and supplies.
Founded in 1995 by Keith Freeland, Package Design offers a wide range of packaging and shipping products, including custom corrugated and die-cut corrugated products, stretch film and shrink film, corrosion protection products, pallets, varieties of tape, and various protective packaging products and supplies. The company sells to a wide range of customers in various end-markets, including industrial, food, beverage, medical, pharmaceutical, automotive and several other industries. Package Design has distribution centers throughout Western New York, including Buffalo, Rochester, Syracuse, and Dunkirk.
Julie Freeland, Vice President of Sales & Marketing, stated, “We are excited to partner with Fairchild Capital. They have the relationships and resources to help build upon the legacy my father started, and I look forward to working with them as we embark on the company’s next chapter.”
Ric Bencini, CEO of Package Design, commented “The partnership with Fairchild will enable Package Design to accelerate our organic and strategic growth initiatives. We are always trying to find ways to better serve our customers be it through additional products and services, as well as enhanced geographic coverage. Fairchild will help provide us the capital and resources to pursue these initiatives through organic means, as well as strategic acquisitions.”
“We are excited to partner with the Freeland family and the team at Package Design. The company has a long history in Western New York as being a true strategic partner to its customers,” noted Ryan Martin, Fairchild Capital’s Managing Partner.
ABOUT FAIRCHILD CAPITAL PARTNERS, LLC:
Fairchild Capital Partners, LLC is a Buffalo, NY-based private equity firm focused on investing in companies that operate in the middle-market and lower middle-market. Fairchild seeks to partner with companies typically generating revenues between $5 million and $75 million led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, family transitions, estate planning, recapitalizations, corporate divestitures, and growth and expansion. Visit www.fairchildcp.com for additional information.
ABOUT PACKAGE DESIGN & SUPPLY, CO., INC.:
Founded in 1995, Package Design & Supply is a leading manufacturer, converter, and distributor of a comprehensive line of industrial and business packaging and shipping products and supplies. With locations in Buffalo, Rochester, Syracuse and Dunkirk, Package Design is well positioned to meet the demands of its customers throughout Western New York and beyond. For more information, please visit www. packagedesignandsupply.com.