Summit Plastics (LongueVue Capital Portfolio) Acquires Clear View Packaging

LongueVue Capital Recapitalizes Summit Plastics

January 20, 2021

Packaging

New Orleans-based private equity firm LongueVue Capital has completed a recapitalization and growth investment in Summit Plastics, partnering with CEO Tom Nathanson and the company's management team. Summit Plastics, headquartered in Summit, Mississippi, is a niche B2B manufacturer of custom LLDPE blown film and bags serving food & beverage, industrial, and healthcare end markets; Origin Bank provided senior debt for the transaction.

Summit Plastics Acquires Fredman Bag Company

January 19, 2023

Packaging

Summit Plastics, a LongueVue Capital portfolio company, has completed an acquisition of Fredman Bag Company, a Milwaukee-based manufacturer of printed and converted flexible packaging. The add-on expands Summit's geographic presence and product capabilities, integrating Fredman's printing and converting expertise into the Summit/ClearView platform.

Clearlake Capital Acquires Pretium Packaging from Genstar Capital

January 15, 2020

Packaging

Clearlake Capital Group, in partnership with Pretium management, has acquired Pretium Packaging from Genstar Capital. Pretium is a leading North American designer and manufacturer of rigid plastic packaging (containers, bottles, closures) headquartered in Chesterfield, Missouri, with a national footprint of 19 facilities; financial terms were not disclosed. Clearlake intends to operate Pretium as a buy-and-build platform to drive organic growth and pursue add-on acquisitions.

Pretium Packaging (Clearlake-backed) Acquires Alpha Packaging from Irving Place Capital

September 16, 2021

Packaging

Pretium Packaging, a Clearlake Capital-backed packaging platform, has signed a definitive agreement to acquire Alpha Packaging from Irving Place Capital. The transaction expands Pretium's scale, product depth and geographic footprint while reinforcing a shared focus on sustainable packaging solutions; financial terms were not disclosed.

LongueVue Capital Invests Growth Capital in Select Express & Logistics

February 5, 2019

Transportation

LongueVue Capital made a growth capital investment in Select Express & Logistics, a New York–headquartered provider of last-mile, white-glove delivery and assembly services. LVC partnered with Select Express's existing management team (which remains a significant shareholder) to support the company’s continued national expansion and capability build-out across retail, e-commerce and other end markets.

LongueVue Capital Recapitalizes Traco Manufacturing

June 24, 2021

Packaging

LongueVue Capital has partnered with founder John Palica, CEO Owen Power, and Traco Manufacturing's management team in a recapitalization that provides growth capital to expand the company's packaging capabilities and support future acquisitions. Traco, headquartered in Orem, Utah, is a manufacturer and distributor of custom flexible packaging and printed shrink labels serving food & beverage, nutraceuticals, cosmetics/personal care and pet care markets and employs more than 100 people.