# Irving Place Capital agrees to sell Alpha Packaging to Pretium Packaging

Irving Place Capital has agreed to sell Alpha Packaging, a St. Louis-based blow molder of bottles and jars, to Pretium Packaging, a Clearlake Capital portfolio company. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2021-09-16
- Where: St. Louis, Missouri, United States
- Status: announced
- Products: HDPE and PET bottles, jars
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pretium Packaging](https://endata.com/companies/1212.md) (acquirer)
- [Irving Place Capital](https://endata.com/companies/1491.md) (partner)
- [Clearlake Capital](https://endata.com/companies/5452.md) (investor)
- [Alpha Packaging](https://endata.com/companies/8400.md) (target)
- [Alpha Consolidated Holdings](https://endata.com/companies/8403.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20210916005149/en/Irving-Place-Capital-Agrees-to-Sale-of-Alpha-Packaging), 2021-09-16: "Irving Place Capital (“IPC”) ... has entered into a definitive agreement to sell Alpha Packaging"
- [bizjournals.com](https://www.bizjournals.com/stlouis/news/2021/09/16/pretium-packaging-to-acquire-alpha-packaging.html), 2021-09-16: "Two privately held, St. Louis-based packaging companies will combine through an acquisition."
- [pretiumpkg.com](https://www.pretiumpkg.com/clearlake-capital-backed-pretium-packaging-to-acquire-alpha-packaging-2/), 2021-09-16: "today announced it has signed a definitive agreement to acquire Alpha Consolidated Holdings, Inc."
- [privateequityinternational.com](https://www.privateequityinternational.com/clearlakes-pretium-packaging-acquires-alpha-from-irving-place-capital/), 2021-09-16: "Financial terms of the transaction were not disclosed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.