Spell Capital Partners Acquires Grigg Box

Spell Capital Partners Invests in Complete Packaging

July 10, 2019

Manufacturing

Spell Capital Partners has made a private equity investment in Complete Packaging, partnering alongside the company’s senior management. Complete Packaging, headquartered in Monroe, Michigan, is a supplier of precision engineered corrugated and wood packaging solutions serving automotive and industrial end markets; Spell Capital said it will work with management to expand the business.

Charlesbank Capital Partners Acquires BOX Partners

December 14, 2021

Packaging

Charlesbank Capital Partners has acquired BOX Partners, a family-owned, technology-enabled wholesaler of packaging, shipping and industrial supplies headquartered in Elgin, Illinois. The deal—funded with equity and debt and marking the company's first outside equity—positions BOX to expand product categories, geographies and e-commerce capabilities; Neil Thomas will become CEO and the company's co-founder and president will step down.

Spell Capital Partners Acquires Diamond Graphics

January 10, 2022

Packaging

Spell Capital Partners, a Minneapolis-based private equity firm, has acquired Diamond Graphics, a Ramsey, Minnesota-based gift card and plastic card manufacturer. Spell Capital said it will partner with Diamond's management and employees to grow the business and pursue further investment opportunities.

BOX Partners Acquires The Packaging Wholesalers

April 25, 2023

Packaging

BOX Partners, a national packaging wholesaler majority‑owned by Charlesbank Capital Partners, has acquired The Packaging Wholesalers (TPW), a nationwide packaging distributor with a more than 20‑year track record. The deal combines distribution footprints and capabilities to create a larger national wholesaler with six distribution locations and 3M+ square feet to improve product assortment and faster delivery for customers.

Specialized Packaging Group Acquires Complete Packaging from Spell Family Office

December 31, 2023

Packaging

Specialized Packaging Group (SPG), a portfolio company of Altamont Capital Partners, acquired Monroe, Michigan-based Complete Packaging from the Spell Family Office in late 2023. The add-on purchase expands SPG’s engineered/protective packaging capabilities and Midwest footprint while adding roughly 90 employees to SPG’s ~1,600-person workforce.

B2B Industrial Packaging (GenNx360) Acquires Springfield Corrugated Box

July 18, 2022

Packaging

GenNx360 Capital Partners’ portfolio company, B2B Industrial Packaging, acquired Springfield Corrugated Box of Agawam, Massachusetts. The deal is an add-on to B2B’s platform to expand East Coast capacity, distribution and product selection for its national packaging network.