The latest news about Quad-C and its portfolio companies.

Quad-C Management Announces Sale of Technimark
Apr 28, 2014

Charlottesville, VA. April 28, 2014 – Quad-C Management, a leading middle market private equity firm, today announced the firm and its management partners have sold portfolio company Technimark, a leading global manufacturer of custom rigid packaging solutions, to Pritzker Group Private Capital. The deal closed on April 25, 2014. Financial terms were not disclosed.

Quad-C invested in Technimark in 2007. Founded in 1983 and headquartered in Asheboro, N.C., Technimark offers customized, end-to-end innovative custom rigid plastic packaging and components primarily for the consumer packaged goods, household care and specialty industrial markets. With nine facilities located in the United States, Mexico, Germany and China, Technimark delivers high quality products for customers around the world.

“When we invested in Technimark, we saw a company with innovative products and technologies, a loyal customer base and a highly experienced management team. We worked with management to develop a long-term plan to leverage these strengths and accelerate the Company’s growth by investing heavily in sales and marketing, R&D and global capacity. Management’s superb execution over the past six and a half years resulted in over 120% revenue growth — far outpacing overall industry growth,” said Frank Winslow, partner, Quad-C.

The Technimark investment is one of many general industrial investments in Quad-C’s twenty-five year history. Other representative investments in the sector include Interwap, a leading global manufacturer of roofing underlayment and packaging solutions, and Royal Adhesives & Sealants, a manufacturer of commercial and industrial adhesives and sealants.

“Quad-C’s deep investment experience and corporate development approach was instrumental in executing our growth plans,” said Brad Wellington, President and CEO of Technimark. “We enjoyed working with them and credit a large part of our success to the partnership. The experience and strategic guidance that they provided to us ultimately led to strong growth opportunities and we’d like to thank them for their support and confidence in us over the years.”

“We were fortunate to have collaborated with Don and Brad Wellington and the rest of the management team at Technimark,” added Steve Burns, senior partner, Quad-C. “Since 2007, due to continuous and substantial investments and the resultant rapid growth of the business, a significant number of jobs were created. It is always gratifying when this dovetails with substantial value creation. We are confident the company will flourish under its new ownership and wish the team continued success.”


Asheboro, N.C.-based Technimark is a leading, global provider of custom rigid plastic packaging and components. For over 30 years, Technimark has provided customers with customized, end-to-end solutions based on technology and innovation. With facilities in the United States, Mexico, China and Germany, the Company delivers high quality products on a global basis primarily for consumer packaged goods, household care and specialty industrial customers. For more information, please visit


Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation/logistics companies. In its 25-year history, Quad-C has invested over $2 billion of equity across more than 50 companies. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value.


Jen Dowd
BackBay Communications
617-556-9982, x225