Charlotte, NC (August 4, 2020) – The Zabel Companies (“Zabel”) acquired Medical Packaging Incorporated (“MPI” or the “Company”) in partnership with Andy Bartels, the Company’s President/CEO. Based in Flemington, NJ, MPI offers unit dose medication and pharmaceutical packaging and labeling systems, equipment, barcode labeling software, and consumable material solutions for oral and liquid medications.
“The Zabel team maintained a thoughtful, consistent, and collaborative approach through a process complicated by the current environment,” said Bartels. “MPI is proud of its track record as a leading unit dose solutions provider. We are thrilled about this partnership, which will provide additional resources to build upon our strong foundation and drive long-term growth.”
“We are excited to announce this partnership with Andy Bartels and MPI,” said Rich Jones, Partner at The Zabel Companies. “Andy and his management team have done an outstanding job of growing MPI’s business. We look forward to working with them to enhance the Company’s growth trajectory.”
About Medical Packaging Incorporated
MPI is a leading global manufacturer of full service unit dose systems and solutions. Since 1971, MPI has been providing high-quality products, custom-tailored medical packaging solutions, and outstanding service to customers worldwide. MPI meet the needs of medication packagers in a variety of market segments, including hospitals, specialty pharmaceutical companies, long-term care facilities, and other end markets. The Company’s website can be found at www.medpak.com.
About The Zabel Companies
Based in Charlotte, NC, The Zabel Companies is an investment firm dedicated to partnering with management teams to build privately held companies over the long term. Zabel brings a patient and flexible approach to investing in and growing high quality businesses. Whether through a buyout, recapitalization or injection of growth capital, Zabel’s strategy is to work closely with management teams to steadily grow businesses and build value for all parties involved. For more information, visit www.zabelcompanies.com.
The M&A activity across healthcare sectors continue to drive strong valuation and strategic options for business owners. Considering a sale, merger or recapitalization? If your business is ready, the market opportunities and strategic options in the current market are worthy of your consideration.
Contact Paragon Ventures for more information.
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