GenNx360 Capital Partners, a New York-based private equity firm investing in middle-market B2B industrial and business services, has partnered with Nutra-Med Packaging Inc.
Nutra-Med is a contract packaging company concentrated on packaging for the pharmaceutical, health & wellness and medical device markets. The firm offers bottling, blistering and secondary backing for its pharmaceuticals and dietary supplement products.
“We are excited to partner with GenNx360, whose deep operational expertise and track record of building platforms will be a tremendous asset to us as we drive our next phase of accelerated growth,” commented Kunal Gupta, Nutra-Med’s incoming CEO. “GenNx360’s investment in Nutra-Med will enable us to continue focusing on providing best-in-class services, with a track record of on-time delivery while ensuring quality, managing costs, and providing excellent customer service.”
SVB Leerink served as exclusive financial advisor and Goodwin Procter LLP served as legal counsel to Nutra-Med Packaging. Morrison Cohen LLP served as legal counsel to GenNx360.