LPC, a portfolio company of Radial Equity Partners, manufactures printed materials and packaging for a broad range of markets, including personal care, food & beverage, healthcare, and other consumer markets. Terms of the transaction were not disclosed.
Founded in 1895 in Decatur, IL, Huston Patterson manufactures printed materials for the packaging and point-of-purchase markets. The company is a G7 Master Printer with a broad range of capabilities including large and small format lithographic and digital printing as well as value-added prepress and finishing services. The company provides value and performance through the effective use of both technology and craftsmanship. Sigma Graphics, located in Ottawa, Illinois, is Huston Patterson’s specialty products division.
“Our goal has always been to exceed the expectations of our clients and to be the best partner and employer in the large format printed materials and packaging industry,” said Tonya Kowa-Morelli, President, Huston Patterson. “I am thrilled to be able to broaden our value proposition to our employees, clients and vendors. LPC and HP have both been leaders in the print industry for over 125 years. Our partnership, along with the support of Radial, will provide the perfect platform for continued growth.”
“HP has a strong reputation as a high-quality supplier and brings complementary manufacturing capabilities, customer relationships, and geographic reach,” said Hale Hawkins IV, CEO, LPC. “We share a philosophy of exceeding customer expectations, delivering unmatched speed to market and providing exceptional service. We look forward to working with the talented team at HP as we continue our growth both organically and through acquisitions.”
The merger represents a continuation of Radial Equity Partners’ focus on investing in the packaging industry. The Radial team has previously led packaging investments in Alpha Packaging, Chesapeake Corporation, Mold-Rite Plastics and Multi Packaging Solutions.