Technipaq, Inc. has been sold to Nelipak, a portfolio company of Kohlberg
Technipaq, Inc.
Headquartered in Crystal Lake, Illinois, Technipaq is a leading provider of flexible, sterilizable packaging solutions for the medical device, pharmaceutical, diagnostic and life sciences industries. Founded in 1984 by Phillip J. and Janice Rosenburg, the company has a long-standing history of delivering high-quality, innovative packaging solutions to the healthcare market, with second-generation family leadership under Brian Rosenburg and Jeanette (Rosenburg) Corridon continuing to expand capabilities and market presence. Technipaq is a DuPont™ Tyvek® Authorized Converter and offers a broad range of products, including header bags, pouches, lidding materials and rollstock. The company utilizes a variety of manufacturing capabilities, including slitting, printing, coating, laminating and bag / pouch converting, to serve unique customer needs. Technipaq operates two manufacturing facilities and a warehouse in Illinois, supporting a diverse customer base of leading healthcare manufacturers.
The Deal
Lincoln International is pleased to announce that Technipaq, Inc. has been acquired by Nelipak Healthcare Packaging, a portfolio company of Kohlberg. Lincoln acted as the exclusive sell-side advisor to Technipaq, working closely with the owners and management during the sale process.
Our Perspective
Luke Webb, Lincoln International Managing Director who led the transaction, stated, “Technipaq has established itself as a leading provider of flexible healthcare packaging solutions, supported by differentiated manufacturing capabilities, longstanding customer relationships and unwavering commitment to quality and service. The company has built an impressive reputation for over four decades, positioned as a highly attractive partner in the growing healthcare packaging market. The combination with Nelipak brings together complementary capabilities and technologies, and global customer reach.”
Alex Adamic, Lincoln International Director, added, “It was a privilege to work alongside Brian, Jeanette and the entire Technipaq team throughout this transaction. The Rosenburg family has built an exceptional business, and we are pleased to have identified a partner in Nelipak that shares Technipaq’s commitment to employees, customers and long-term success. We believe Nelipak is an ideal partner to build upon the company’s strong foundation and support its next chapter of growth. The Lincoln team is proud to have advised Technipaq on this important milestone.”
Nelipak
Nelipak is a leading global provider of healthcare packaging solutions including rigid and flexible sterile-barrier packaging systems for medical device, diagnostic, pharmaceutical drug delivery and other demanding applications. To support the development of innovative sustainable packaging solutions, Nelipak offers in-house design, prototyping, tooling, simulation, validation, laboratory, and other value-added services as well as a line of tray sealing equipment. With over 1,800 employees, Nelipak operates at 16 sites globally, including 10 sites in the Americas (U.S., Costa Rica, Puerto Rico), 5 sites in Europe (Ireland, Netherlands, UK) and 1 site in Asia (Singapore). Nelipak is committed to delivering superior quality, service and customer experience through world-class cleanroom manufacturing. For more information, please visit http://www.nelipak.com.
Kohlberg
Founded in 1987, Kohlberg is a leading U.S. middle market investment firm based in Mount Kisco, New York with deep experience investing across private equity and credit. Informed by its thesis-driven White Paper Program, Kohlberg invests in services and healthcare companies characterized by durable growth, recurring revenue streams and leading market positions. Kohlberg manages approximately $18 billion on behalf of investors globally. For more information, please visit www.kohlberg.com.
On behalf of myself and the entire Technipaq team, we could not be more excited about joining the Nelipak Family. The combination with Nelipak provides an enhanced global footprint, broader product offerings and complementary manufacturing capabilities, allowing us to better serve healthcare customers worldwide while building our shared commitment to innovation, quality and continued growth. As a family-owned business navigating our first sale process, we greatly valued Lincoln’s experience and guidance throughout the transaction. Their team provided thoughtful advice and remained focused on achieving an outcome that aligned with our family’s goals and the long-term interests of Technipaq.
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