Akoya Capital and Tecum Capital Acquire Primetac Corporation
July 30, 2019
Akoya Capital Partners and Tecum Capital Partners acquired Primetac Corporation in partnership with the company's founders and management. The private equity investors plan to grow Primetac — a distributor of industrial packaging materials — by expanding sales coverage, service and product offerings and pursuing add-on acquisitions to build a national platform.
- Targets
- Primetac Corporation
- Sellers
- Founders and management team (Feniello family)
- Industry
- Packaging
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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