HCI Equity Partners Acquires Express Packaging

Nonantum Capital Partners Acquires MSI Express from HCI Equity Partners

March 24, 2025

Food & Beverage

Nonantum Capital Partners, a Boston-based middle-market private equity firm, has acquired MSI Express, a Portage, Indiana–headquartered co-manufacturer and co-packer for food and beverage brands, from HCI Equity Partners. The deal closed March 24, 2025; financial terms were not disclosed. Nonantum said it will support continued growth and scaling of MSI's multi-facility operations.

MSI Express (HCI-backed) Acquires PacMoore's Hammond Contract Manufacturing Operations

October 26, 2021

Food & Beverage

MSI Express, backed by HCI Equity Partners, acquired select contract manufacturing and packaging assets from PacMoore Products, Inc. on October 25, 2021. The transaction adds PacMoore’s Hammond, Indiana operations to MSI’s Indiana footprint as a third add-on to the HCI-backed platform, expanding capacity and complementary capabilities for CPG customers.

B2B Industrial Packaging Acquires Pioneer Packaging Worldwide

August 19, 2021

Packaging

GenNx360 Capital Partners portfolio company B2B Industrial Packaging has acquired Pioneer Packaging Worldwide, a Phoenix-based provider of custom packaging solutions. The deal is B2B's fifth add-on since GenNx360's investment in October 2020 and expands B2B's product and service footprint in industrial, retail and moving/storage end markets.

MSI Express (HCI Equity Partners-backed) Acquires Power Packaging

December 31, 2019

Packaging

MSI Express, a portfolio company backed by HCI Equity Partners, acquired Power Packaging on December 31, 2019. The add-on expands MSI Express’s contract packaging and co-manufacturing capabilities (including aseptic beverage filling and stick packaging), increases production footprint across the Midwest and Texas, and brings new customer relationships and food categories to the platform; financial terms were not disclosed.

Bain Capital Private Equity Acquires World Wide Packaging

April 3, 2018

Packaging

Bain Capital Private Equity has acquired World Wide Packaging LLC, a US-based cosmetics packaging provider, and simultaneously purchased a Chinese cosmetics packaging manufacturer with plans to merge the two into an integrated global solutions provider. The transaction keeps WWP's senior management in place and aims to combine US customer-facing design and sales capabilities with manufacturing scale in China to expand service offerings and access high-growth Asian markets.

BlackHawk Industrial Acquires Packaging Incorporated

April 5, 2015

Industrial Services

BlackHawk Industrial has acquired Packaging Incorporated, a packaging and fastening equipment and supplies distributor headquartered in Eden Prairie, Minnesota. The acquisition expands BlackHawk's geographic footprint into additional Minnesota and Wisconsin markets and establishes a presence in Iowa; Packaging's commercial management will continue to lead the business within BlackHawk. Financial terms were not disclosed.