Box Partners LLC, a wholesaler of packaging, shipping and industrial supplies and a portfolio company of Charlesbank Capital Partners, has acquired The Packaging Wholesalers business, a nationwide packaging distributor.
Founded in 2001 by Mike Hrbacek, TPW stocks an inventory of items across the corrugated boxes and mailers categories. The combined businesses will have six distribution locations with over 3 million total square footage throughout the U.S., providing a larger footprint to serve customers and enable faster delivery of its expanded product suite. The deal looks to allow the businesses to better serve their customers while providing improved opportunities for employees, suppliers and other business partners.
“We are delighted to support this investment and believe that combining the Box and TPW businesses will significantly accelerate our plans to create a nationwide leader in packaging wholesale distribution,” says Brandon White, Charlesbank managing director.