Kelso & Company Acquires Inovar Packaging Group from AEA Investors
May 23, 2022
Funds managed by Kelso & Company (Kelso Fund XI) have acquired a majority interest in Inovar Packaging Group (IGL Holdings I Corp) from AEA Investors. Inovar, a Dallas-based supplier of pressure-sensitive labels, shrink sleeves and flexible packaging with seven US locations, will continue to be led by its existing management team, which remains a meaningful shareholder alongside Kelso.
- Buyers
- Kelso & Company (Funds managed by Kelso; Kelso Fund XI)
- Targets
- Inovar Packaging Group (IGL Holdings I Corp)
- Sellers
- AEA Investors
- Industry
- Packaging
- Location
- Texas, United States
- Transaction Type
- Buyout
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