GenNx360 Capital Partners Announces Pacteon’s Acquisition of ESS Technologies
Portfolio Company News - December 27, 2021
New York, New York. December 27, 2021 - GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce that its portfolio company, Pacteon, has acquired ESS Technologies, Inc. (“ESS”). The addition of ESS brings state-of-the-art carton and packaging line integration capabilities into Pacteon’s portfolio and significantly strengthens its presence in the pharmaceutical and diagnostic markets.
Founded in 1993, ESS provides complete packaging line design, equipment manufacturing, integration and automation solutions to the pharmaceutical, diagnostic, and cosmetic end markets. ESS has extensive experience designing, manufacturing and integrating cartoners, case packers, robotic palletizers and filling and capping equipment. With a focus and expertise in the pharmaceutical end market, it also offers packaging machinery with integrated serialization systems to meet stringent pharmaceutical track and trace mandates.
“ESS has a best-in-class offering and is a highly respected brand in the pharmaceutical, diagnostic and cosmetic end markets. We are excited about this partnership and for ESS to become part of the Pacteon family,” said Pacteon CEO, Bob Brotzki.
“We are excited to be partnering with Pacteon for the next chapter of ESS’ growth story. Pacteon offers a unique set of resources and expertise that will help ESS continue to expand our presence in our core end markets,” said ESS Technologies President and Founder, Kevin Browne.
About Pacteon
Pacteon Group provides a one source touch for best-in-class automation companies focused around packaging line solutions, providing a superior level of customer experience. Through a broad range of robotic and non-robotic equipment, its ability to integrate solutions seamlessly across portfolio companies, and full sales and service coverage, Pacteon is uniquely positioned to design flexible and custom solutions for your automation needs. For more information on Pacteon, please visit www.pacteon.com
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About GenNx360 Capital Partners
GenNx360 Capital Partners is a private equity firm focused on acquiring middle market business services and industrial companies. We invest in companies with proven and sustainable business models in expanding industries with the objective of implementing the required operating changes to deliver cost efficiencies, accelerate growth, and generate strong financial returns. Target industries include business & industrial services, automation & industrial technology, packaging products, industrial machinery and components, equipment services, environmental services, and food ingredients/equipment/services. GenNx360 was founded in 2006 and is headquartered in New York City. For more information on GenNx360 Capital Partners, please visit www.gennx360.com
For media inquiries, please contact:
GenNx360 Capital Partners
Carmen Rojas, Director of Investor Relations
Email: investorrelations@gennx360.com
Tel: +1 212.257.6772