Palladium Equity Partners, a middle market private equity firm with approximately $3 billion in assets under management, has acquired Accupac, a U.S. provider of outsourced manufacturing and packaging solutions for the personal care and beauty markets, from J.H. Whitney Capital Partners.
 
Accupac offers complex formulation capabilities, specializing in liquid topical and oral care products, including skin creams, toothpastes and other personal care products. The Pennsylvania-based company is distinguished by its R&D and quality assurance expertise, state-of-the-art facilities, and long-term relationships with leading established and emerging consumer packaged goods brands. Accupac’s manufacturing facilities, which are located in Mainland, PA and Lakewood, NJ, are FDA registered and cGMP compliant.
 
“We look forward to partnering with the Accupac team and supporting the company’s continued growth,” said Caleb Clark, a partner at Palladium. “We believe the company is uniquely positioned with opportunities to deepen its relationships with existing customers, penetrate new accounts through its unique innovation capabilities, develop new products, and drive growth in adjacent categories both organically and through M&A. We believe Accupac is a best-in-class operator in its space and we are excited to work with management to continue to drive the business.”
 
Bruce Wright, president and chief executive officer, Accupac, said, “We are pleased to partner with Palladium Equity Partners in the next phase of our growth. We see significant opportunity to expand Accupac’s role in helping to build the world’s supply of personal care products, benefitting from our more than four decades of experience working with both leading brands in the industry as well as some exciting rapidly emerging brands through our innovation programs.”