Evolution Capital Partners has completed the sale of Innerpac, one of the US-based manufacturers of corrugated and chipboard partitions, to a strategic buyer.
Evolution managing partner Brendan Anderson said the partnership with Innerpac management team, has helped Evolution in achieving the goal of creating a national partition company with a solid foundation for growth.
Mesirow Financial acted as Innerpac’s advisor on the transaction. Mesirow, based in Chicago, Illinois, has extensive experience in the packaging industry.
Innerpac offers a full range of support in product design, engineering, sampling, and sales support. Many of the partitions developed by Innerpac are available in recycled material to be environmentally-friendly.