Wynnchurch Capital acquires FCA Packaging | Company


ROSEMONT, Ill.–(BUSINESS WIRE)–July 21, 2022–

Wynnchurch Capital, LP (“Wynnchurch”) announced today that it has acquired FCA, LLC (“FCA Packaging”, “FCA” or the “Company”) from Delos Capital. FCA is a leading manufacturer of custom industrial protective packaging solutions. Founded in 1985, FCA has 34 locations across the United States and provides custom-engineered packaging products to premier OEMs operating in a wide variety of end markets. The company offers complete solutions for a variety of material types, including wood, steel, corrugated board and hybrid packaging.

“We are committed to providing our customers with the best packaging solutions and unparalleled service and are delighted to partner with Wynnchurch as we continue into the next phase of growth,” said David Wilsted, CEO of FCA. David added, “Wynnchurch understands FCA’s business model and its role as a critical partner in our customers’ supply chains. Together, we can continue to build our platform as a leading provider of protective packaging solutions.

Frank Hayes, Managing Partner at Wynnchurch, said, “We are very pleased to partner with FCA, who have a long established track record of delivering quality solutions, unique design and just-in-time service. Its client-centric approach and highly technical industry applications fit perfectly with our investment philosophy of acquiring well-managed industry leaders. »

Neel Mayenkar, Partner at Wynnchurch, said, “FCA’s management team has done an incredible job of building the company into one of the leading providers of custom industrial packaging solutions. We are excited about the opportunity to partner with David and the team as we continue to expand the company’s footprint and product portfolio to better serve its growing customer base.

Stifel Financial Corp. acted as sole placement agent for Wynnchurch’s debt. Lincoln International acted as sales side advisor for FCA Packaging.

Wynnchurch is actively seeking investment opportunities for its $2.277 billion V fund. In December, Wynnchurch made a strategic growth investment in Mattress Warehouse, a leading independent mattress retailer with more than 300 locations. Other recent Wynnchurch investments include: Premier Franchise Management, the largest US franchisor of residential pool construction and pool services; Appvion, a leading provider of specialty, high performance direct thermal coatings; Owen, a leading provider of critical infrastructure equipment, spare parts and services; and Trimlite, a leading manufacturer and marketer of residential doors and related door products.

About FCA packaging:

Founded in 1985 and based in Moline, Illinois, FCA is a leading manufacturer of custom-designed protective packaging solutions to ensure the safe shipment of high-value industrial equipment. The company operates 34 manufacturing plants across the United States with a proven history of top-notch engineering, products, and customer service. For more information, visit: https://fcapackaging.com.

About Wynnchurch Capital:

Wynnchurch Capital, LP, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California, New York and a subsidiary in Canada, was founded in 1999 and is one of leading mid-market private equity investment firms. Wynnchurch’s strategy is to partner with mid-market companies in the United States and Canada that have the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $5.3 billion in regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.

About Delos Capital:

Delos Capital, founded in 2013, is a lower-middle-market private equity firm specializing in management buyouts, recapitalizations and growth investments. For more information, visit: www.deloscap.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220721005960/en/

CONTACT: Frank Hayes

Managing partner

[email protected]

847-604-6100 Neel Mayenkar

Partner

[email protected]

847-604-6100 Mike Teplitsky

Partner

[email protected]

847-604-6100

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PACKAGING PROFESSIONAL SERVICES MANUFACTURING FINANCE

SOURCE: Wynnchurch Capital, LP

Copyright BusinessWire 2022.

PUBLISHED: 7/21/2022 3:15 PM / DISK: 7/21/2022 3:17 PM

http://www.businesswire.com/news/home/20220721005960/en

Copyright BusinessWire 2022.

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