Gelpac, a namakor holdings portfolio company, closes on the secondary offering and raises capital to drive growth through acquisitions
Tampa, FL, September 22, 2021 – Namakor Holdings LP, along with W investments Group LP, is pleased to announce the secondary purchase of Gelpac Inc. and is excited to on-board Tail End Capital Partners, a Pittsburgh based investor.
Since the acquisition of Gelpac, our management team has built the company into a world-class packaging operation and we are committed, along with our partners, to take it to new heights underlines Mr. Stéphane Huot, Managing Partner, and COO of Namakor Holdings. We’re also excited to partner with Tail End Capital to broaden our investor relationships in the U.S. and provide capital for growth.
Over the last few years, Namakor has completed several acquisitions for its portfolio companies in the United States and overseen their successful operational integration. We are excited to further expand Namakor’s presence in the US by on-boarding our new strategic partners. We look forward to acquiring and building great companies together states Mr. Abhi Capoor, Vice President, Namakor Holdings.
The people behind our investments are key to their success. With its stellar management team, Gelpac makes no exception here. Every member’s tenure and outstanding track record for growth and efficient integration make it a prime player in the packaging industry says Maxime St-Laurent, Co-Founder and Managing Partner at W Investments Group.
We are confident in the management team’s vision, as the company is positioned strategically to benefit from the industry’s expected consolidation in the coming years. We are eager to see what lies ahead for Gelpac and are looking forward to working hand-in-hand with all parties involved. added David Waddell, Co-Founder and Managing Partner at W Investments Group.
This transaction solidifies our investor base and provides us with access to additional capital that will accelerate our growth while maintaining the leading innovation and high customer satisfaction we are known for underlines Mr. Alain Robillard, President, and CEO, Gelpac Inc.
Paul Cohn, Managing Partner of Tail End concludes Tail End is excited to partner with Namakor to provide a compelling solution for shareholder liquidity along with dry powder to enable the continued growth of Gelpac, a world class company.