Kelso Fund X Completes Majority Investment in Inmark

Kelso & Company Acquires Majority Stake in C.L. Smith and Combines It with Inmark

May 4, 2021

Packaging

Kelso & Company and affiliated funds acquired a majority interest in C.L. Smith Company, a distributor and manufacturer of rigid packaging solutions, and will combine it with Kelso's existing portfolio company Inmark. The deal expands Inmark/Novvia's rigid container, blow molding and hazardous-materials packaging capabilities; financial terms were not disclosed.

Kelso & Company Acquires Inovar Packaging Group from AEA Investors

May 23, 2022

Packaging

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.

Kelso & Company Acquires Silver Spur Corporation and Combines It with C.L. Smith and Inmark

May 14, 2021

Packaging

Funds managed by Kelso & Company acquired Silver Spur Corporation, a Cerritos, California-based stocking distributor of specialty glass and plastic packaging. Kelso will combine Silver Spur with its existing portfolio companies C.L. Smith and Inmark to expand product availability, geographic reach, and end-market coverage; financial terms were not disclosed. Meridian General Capital was the seller.

Kelso & Company Acquires Container Supply, Adds to Packaging Distribution Platform

June 30, 2021

Packaging

Funds managed by Kelso & Company acquired Container Supply, Inc., a rigid packaging distributor headquartered in Oklahoma City. Kelso will combine Container Supply with its existing investments in C.L. Smith, Inmark, and Silver Spur to expand its packaging distribution platform and strengthen presence in the South-Central U.S.; financial terms were not disclosed.

Kelso & Company Acquires Individual FoodService

November 22, 2019

Food & Beverage

Kelso & Company has acquired a majority equity interest in Individual FoodService (IFS), a Bell, California-based distributor of foodservice disposables, packaging and janitorial/sanitation products, from prior investor Sole Source Capital. Kelso said it will partner with IFS management to accelerate the company's acquisition strategy, expand capabilities and invest in operations; Kenneth Sweder was appointed Chairman of the IFS board.

Inovar Packaging Group Acquires Enterprise Marking Products (EMP)

December 1, 2025

Packaging

Inovar Packaging Group, a Dallas-based label and packaging platform, has acquired Enterprise Marking Products (EMP), a flexographic label manufacturer headquartered in Fishers, Indiana. The add-on expands Inovar’s Midwest footprint and bolsters its capabilities in durable and industrial labeling applications for customers across industrial, food & beverage, and consumer durable markets.