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Article | April 1, 2013
First Atlantic Capital acquires majority interest in C-P Flexible Packaging
C-P Flexible Packaging, a privately-owned manufacturer of flexible packaging, has announced that First Atlantic Capital, a middle-market private equity firm, has acquired a majority interest, helping the company accelerate growth to meet its customers’ needs.
The terms of the investment were not disclosed. C-P Flexible Packaging’s founders will retain a minority stake. Current management will remain in place, as will the philosophy and guiding principles of the company.
“Partnering with First Atlantic opens the door to some very exciting opportunities,” said Anthony Vaudo, President and CEO of C-P Flexible Packaging. “The partnership enables us to accelerate our rate of growth, and it also allows us to develop greater efficiencies and get our product innovations to market faster – helping our customers remain competitive.”
C-P Flexible Packaging is committed to meeting the specific needs of its customers through strategic innovation and unwavering customer service. Over the past decade, it has increased its capacity and added to its capabilities, bringing in new presses and laminating equipment to meet the ever-increasing demand for a growing array of product offerings, which now includes shrink sleeves and re-sealable technology. It has also continued to reinforce its commitment to customers helping them improve their supply chain and enhance their on-shelf appeal.
First Atlantic’s investment will enable C-P Flexible Packaging to continue to build on its significant momentum and growth, providing the company with the additional resources needed to continue to meet its customers’ needs and broaden its geographic service footprint. C-P Flexible Packaging is looking to further expand its ability to support both national brands and store brands with flexible packaging, shrink sleeves, advanced printing capabilities and innovative re-seal technologies.
“C-P Flexible Packaging has everything we look for in a partner,” said Emilio S. Pedroni, Managing Director at First Atlantic. “It’s an organization with an industry-leading proposition that’s poised for outstanding growth. Look for this company to continue to do big things in flexible packaging and bring unmatched value to the market.”
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