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HCI Equity Partners-backed AmerCareRoyal acquired Thermosource Tooling and Manufacturing (TTM), a maker of thermoformed and flexible packaging in El Segundo, California. Financial terms were not disclosed.
MSI Express, backed by HCI Equity Partners, acquired contract packager Power Packaging on December 31, 2019, and announced it on January 7, 2020. Power has four facilities in the Chicago area, Wisconsin and Texas, and takes the combined platform to 12 production facilities.
HCI Equity Partners acquired Express Packaging, a contract packaging and manufacturing provider in Newcomerstown, Ohio, with a subordinated debt and equity investment from Patriot Capital, announced February 2019.