Oak Hill Capital Partners buys Berlin Packaging for $1.43 billion

Tyler Wolfram, managing partner at Oak Hill, said, "We are delighted to have completed this acquisition. The investment in Berlin Packaging is representative of Oak Hill's theme-based investment strategy and specifically aligns with one of our core themes targeting industry-leading, value-added strategic suppliers. Berlin Packaging is a best-in-class business in a very attractive market with significant growth avenues. We are excited to execute Berlin Packaging's strategy in partnership with Andrew and his outstanding team."

Andrew Berlin said, "The Berlin Packaging team is highly enthusiastic to take our business to the next level. Berlin Packaging's customers, suppliers, and employees alike can look forward to new opportunities and enhanced growth. Importantly, as we pursue these opportunities, it's business as usual. This means we will continue to offer the same outstanding products, solutions, and service levels, and there will be no changes to the team our customers and suppliers work with. Our new partnership with Oak Hill will create wins for all of the company's stakeholders."