What They Think recently reported on private equity funding in the packaging sector and focuses on Fortis Solutions Group’s roadmap for growth.
Check out “The Target Report: Private Equity Feeds Industry Growth – December 2022 M&A Activity” below from What They Think and read more about Fortis’s vision for 2023.
Here is a snippet of the article:
“Fortis Solutions Group is an excellent example of a packaging company that has executed a strategic growth plan with private equity backing. One of the most active private equity-backed roll-ups in the label printing segment, and now with its secondary sponsor, Fortis recently acquired West Coast Labels, located in Placentia, California. This was the sixth acquisition in 2022 by Fortis of a label printing company, building on their “One Fortis” strategy. Investment banker John Wynne started Fortis in 2010 with the purchase of Labels Unlimited, a one-location company in Virginia Beach focused solely on pressure sensitive label production. That was when the country was recovering from the Great Recession. Fortis now has twenty-two manufacturing sites across the US and employs over 1,300 people.”