Infinite Packaging Group Acquires Hyde Park Label
- Published: April 26, 2016
LEWISVILLE, TX | Infinite Packaging Group (IPG), a portfolio company of Svoboda Capital Partners (SC), announces the acquisition of Hyde Park Label Company, (HPL), Round Rock, TX. The transaction is the second add-on acquisition for IPG since SC’s initial investment in December 2012. Specific terms of the transaction were undisclosed. HPL is a provider of flexographic and digital printed labels and decorative packaging for the food and beverage, craft beer, wine and spirits, and health and beauty markets.
“The HPL acquisition expands our geographic footprint and adds capacity to provide our customers with great quality and service,” says Lynn Higgs, CEO of IPG. “We remain committed to growing IPG through acquisitions and organic growth. With locations now in Austin, Tulsa, and Dallas, IPG has developed a strong presence in the central/Southwest region of the country.
Gary Dunlap, COO of IPG, adds, “From an operations perspective, HPL is a great addition to our team. We look forward to gaining insight from HPL’s experienced resources, enabling us to improve our entire organization.”
By virtue of the combination, IPG now features two HP 6600 digital presses, saying the dual digital capability provides greater capacity to print short-run, quick-turn digital labels, sleeves, and pouches to satisfy clients’ needs
“We are excited to join such a dynamic group of companies and industry professionals,” says Alan Etheridge, managing director of HPL. “The product breadth, expansive sales force, and diverse asset base that IPG offers brings a bounty of solutions to the markets we currently serve, and complements our value-based platform with a complete solutions portfolio."
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