Madison Dearborn Partners has agreed to buy Multi Packaging Solutions, a leading supplier of print-based specialty packaging, from Irving Place Capital. Terms of the transaction were not disclosed.
Multi Packaging Solutions is a manufacturer of high-quality printed folding cartons, labels, and inserts for customers in the healthcare, consumer, and media end markets. MPS has experienced significant growth since Irving Place Capital’s initial investment and now operates 16 manufacturing facilities in the United States and Europe, with approximately 2,600 employees worldwide.
Multi Packaging Solutions was advised on the transaction by Bank of America Merrill Lynch and Barclays. Kirkland & Ellis LLP served as legal advisor to MPS.
