Tecum Capital Partners and Akoya Capital Partners have acquired Primetac Corporation, aiming to enhance its market position as a national supplier of industrial packaging materials.
Target Information
Primetac Corporation, founded in 1992 by Peter Feniello, is a distinguished distributor of industrial packaging materials. The Company specializes in providing a wide range of products, including acrylic tapes, hot melt adhesives, converted stretch films, and strapping tapes. With a strong reputation for quality and reliability in the marketplace, Primetac serves packaging distributors, positioning itself as a leader in the pressure-sensitive tape and stretch film industry.
Under the stewardship of the Feniello family, Primetac has developed a commendable reputation. The dedication to offering high-quality products, coupled with expedient delivery, has cemented the Company’s status as a trusted supplier among its clientele.
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Industry Overview
The industrial packaging materials industry is a crucial component of the broader manufacturing sector in the United States. This sector has witnessed steady growth, driven by increasing demand for packaging soluti
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Tecum Capital Partners and Akoya Capital Partners, LLC
invested in
Primetac Corporation
in 2023
in a Management Buyout / Buy-In (MBO) deal