Houlihan Capital served as the exclusive sell-side advisor to Algus Packaging, Inc. which has been acquired by Mereo Capital Partners & Hyperion Capital Partners.

Date: November 2022
Client: Algus Packaging, Inc.
Sale to: Mereo Capital Partners and Hyperion Capital Partners
Sector: Manufacturing – Plastic Packaging

Houlihan Capital (Chicago, IL) acted as sell-side advisor on the sale of Algus Packaging, Inc., a premier manufacturer of plastic packaging products and machinery, to Mereo Capital Partners (Conshohocken, PA) and Hyperion Capital Partners (Los Angeles, CA). The transaction closed on November 2, 2022.

Founded in 1995 and headquartered in DeKalb, IL, Algus Packaging (“Algus” or the “Company”) is a leading provider of thermoformed plastic packaging and manufacturer of proprietary blister seal machines. The Company provides complete packaging solutions to a blue-chip roster of customers across a variety of end markets.

“We are thrilled to have Mereo and Hyperion as our partners as we embark on an exciting new chapter in our Company’s history.” said Rod MacNeille, Chief Executive Officer of Algus.

“It was a pleasure working with both sides on this deal,” said Jacques Zureikat of Houlihan Capital. “We are excited to watch this partnership as Algus enters its next phase of growth.”

Houlihan Capital represented and advised the ownership and management team of Algus as it conducted a comprehensive process to identify and initiate discussions with financial and strategic acquirers.

For more information on this transaction, please contact:

Jacques Zureikat
(847) 830-8000

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