Graham Partners, a private investment firm targeting industrial technology and advanced manufacturing companies, is pleased to announce its second investment in the thermoformed packaging space, Tray-Pak Corporation (“Tray-Pak”). This investment was completed just one month after Graham’s investment in EasyPak, LLC (“EasyPak”), furthering Graham’s investment thesis of building a top tier, mid-sized thermoformed packaging provider.
Tray-Pak, headquartered in Reading, PA, was acquired on a proprietary basis from an affiliate of Archbrook Capital Management LLC, which purchased the company in 2009 and will remain an investor in the business. The company has extensive in-house tooling that provides significant benefits including customization of products, rapid new product development and speed to market. They also bring the ability to prototype using 3-D printing, which provides customers with quick turnaround on new product designs. Tray-Pak’s sophisticated operating capabilities have resulted in longstanding relationships with blue-chip customers and the ability to serve attractive end markets, such as food, confectionery and medical. Adam Piatkowski, Managing Principal at Graham Partners, states, “Tray-Pak distinguishes itself from other thermoformers through its high-quality custom products, in-house tooling and design capabilities, and unparalleled knowledge of customer needs. Both Tray-Pak and EasyPak are well positioned to continue offering best-in-class service. We look forward to growing these companies in this attractive, growing space.” Scott Myers, CEO of Tray-Pak, added, “We are excited to be a part of the Graham team and leverage their expertise in the packaging space, and we have already identified several game changing opportunities for Tray-Pak and our customers.”
About Tray-Pak (http://www.traypak.com)
Tray-Pak Corporation, headquartered in Reading, PA, is a leading thermoformed packaging provider. Tray-Pak has in-house tooling and 3-D printing capabilities that provide significant benefits including customization of products, rapid new product development and speed to market. Tray-Pak’s sophisticated operating capabilities have resulted in longstanding relationships with a blue-chip customer base and the ability to serve attractive end markets such as food, confectionery and medical.
