LaSalle Capital Backs Impex

LaSalle Capital Group is putting an undisclosed amount into Impex Global, a distributor of specialized films used in the packaging industry. The Company’s founder and CEO, Ash Shah, will continue to lead Impex, the company said. Terms of the investment were not released. Impex is based in Houston.

PRESS RELEASE
LaSalle Capital Group (“LaSalle Capital”) is pleased to announce that it has partnered with management to invest in Impex Global, LLC (“Impex” or the “Company”), a leading value-added distributor of specialized films used in the packaging industry. Impex is based in Houston, TX and represents LaSalle Capital’s fourth platform investment out of its second fund.

The Company’s founder and CEO, Ash Shah, will continue to lead Impex as it executes its growth strategy to build the leading distributor of specialty films and other packaging products to converters focused on the food/beverage, industrial and commercial application end markets. Mr. Shah stated, “We are excited to partner with LaSalle Capital and Frank Tannura, an industry veteran and LaSalle Capital Operating Advisor, to help support the growth of our business. This partnership will enable us to further broaden the product line, expand our slitting capabilities and bring additional resources to further accelerate our growth.”

Rocco Martino, Partner at LaSalle Capital, noted, “We are confident that the Impex team can continue to provide high quality films at competitive prices to their customers while maintaining their reputation for great customer service. We believe that combining our expertise in growing value-added distribution businesses with the strong management team at Impex can create a market leader in the specialty film distribution sector.”