AmerCareRoyal (HCI Equity Partners) Acquires Thermosource Tooling and Manufacturing

AmerCareRoyal, a portfolio company of HCI Equity Partners, has acquired Thermosource Tooling and Manufacturing (TTM), a thermoformed and flexible packaging manufacturer headquartered in El Segundo, California. The add-on—ACR's ninth since HCI's investment—expands ACR's branded and customized packaging capabilities and creates cross-selling and distribution opportunities across foodservice, food production, and grocery end markets; financial terms were not disclosed.