Private equity firm the Jordan Co. has acquired Transilwrap Co. Inc.
Transilwrap, headquartered in Franklin Park, Ill., provides customized plastic film used in packaging, index tabs and for other applications. Terms of the deal weren’t disclosed.
The company said an equity partner should allow it to execute its growth strategy.
The Transilwrap acquisition follows Jordan's November deals for PE-backed Drew Marine and ACR Electronics Inc. from J.F. Lehman & Co.
New York-based Jordan is a middle market private equity firm that has about $6 billion in committed capital. In October, the firm picked up Watchfire Signs, which manufactures LED signs and digital billboards.