GPA GLOBAL has today announced that Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) has acquired a co-control stake in the company allowing the business to further pursue new and existing markets and expand its capabilities.
GPA is a leading full-service packaging solutions company that helps brands across North America and Europe to create memorable experiences for their customers from the first touchpoint onwards.
They serve markets such as consumer electronics, healthcare, jewelry, beauty and wine and
The business has seen success by pushing the boundaries of what is possible in packaging
with relentless dedication to craftmanship, quality and sustainability. GPA offers the whole package across design, engineering, vendor management, production, and distribution of packaging. Manufacturing footprint in Asia, North America and Europe allows the company to design and deliver anywhere and everywhere, worldwide.
This deal will see Ontario Teachers’ have a co-control stake in GPA from EQT Private Equity (“EQT”) and other minority shareholders. GPA’s two founders, Tom Wang and Adam Melton, will roll over their respective ownership and continue to lead the company.
Tom Wang, co-founder and President of GPA, and Adam Melton, co-founder and CEO of GPA, jointly said “This funding allows us to continue our progressive acquisition approach. It has been a great experience partnering with EQT and we welcome Ontario Teachers’ and are eager to work with them to further build on the base we have created. Ontario Teachers’ global reach and capability, longer term collaborative investment approach and their strong track record of relevant industry success makes them the ideal next partner for us and the Company.”
Raju Ruparelia, Senior Managing Director, Private Capital, Asia-Pacific at Ontario Teachers’ added: “We are excited to have the opportunity to invest in GPA and will look to support its future growth through our global reach and by leveraging our prior global experience and success in the packaging and consumer sectors. We believe Tom and Adam have created a truly unique and differentiated packaging platform and we look forward to a long-lasting partnership with the two of them and GPA’s talented management team as the business enters its next stage of growth.”
For more information go to www.gpaglobal.net.