2024

Impress Communications has been sold to Oliver Inc., a portfolio company of Tenex Capital Management

Impress Communications

Headquartered in Los Angeles, California, Impress Communications (Impress) is a leading specialty packaging partner, renowned for its commitment to high-quality, customer-centric and value-added packaging solutions including folding cartons, labels and marketing collateral. With comprehensive in-house capabilities, Impress serves as a one-stop shop for evolving packaging needs, offering unmatched flexibility and continuity. Acting as a brand extension for emerging customers, Impress specializes in small-to-medium production runs, empowering clients to grow their market share and prepare for future expansion. Strategically located on the West Coast, the Impress facility is ideally positioned to support growth, with a strong emphasis on sustainable packaging solutions.

The Deal

Lincoln worked closely with Impress management to execute an efficient and successful sale process leveraging its expertise in folding carton packaging, strategic relationships and real-time market insights. Lincoln International executed a targeted market launch to ensure Impress found the right strategic partner to support its ongoing strategy and maintain its reputation as an innovative and high-quality provider of sustainable packaging solutions.

Impress Communications was sold to Oliver, Inc. (Oliver), a portfolio company of Tenex Capital Management, delivering an outstanding outcome while ensuring a strong cultural and strategic alignment with the management team. The acquisition of Impress enhances Oliver’s platform, marking its fifth strategic add-on. Impress, known for its premium, innovative packaging solutions, will expand Oliver’s West Coast presence and value-add manufacturing capabilities. With comprehensive in-house offerings and a focus on sustainable packaging solutions, Impress fits seamlessly into Oliver’s growth strategy, positioning the combined entity for further market expansion and success.

Our Perspective

Luke Webb, Managing Director and head of Lincoln’s packaging practice, commented, “We are thrilled to have facilitated the sale of Impress to Oliver. Impress is an excellent fit for Oliver’s growth strategy as they expand to the West Coast and we look forward to seeing the combined capabilities of Oliver and Impress drive future market expansion and continued innovation in the packaging industry.” Alex Adamic, Director in Lincoln’s packaging practice, added, “This is another example of how Lincoln’s experience in the folding carton sector was paramount in finding the right strategic partner for Impress. We wish both parties continued success.”

Oliver

Headquartered in Hauppauge, New York, Oliver is a provider of specialty packaging solutions, including custom folding cartons, blister cards, labels and marketing collateral with dedicated expertise in the food and beverage, health and beauty, pharmaceutical and medical end markets. Oliver operates from five facilities featuring state-of-the-art equipment supported by a full spectrum of in-house capabilities.

Tenex Capital Management

Tenex Capital Management is a private equity firm that makes control investments in middle market companies. The firm utilizes an in-house team of hybrid professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex boasts a highly successful track record investing in diverse industries, including transportation, industrials, manufacturing, healthcare and business services.

Connect with a Senior Team Member
Working with Lincoln was an exceptional experience – their industry expertise, strategic guidance and dedication were instrumental in achieving a successful outcome for this transaction. The partnership with Oliver Inc. marks an exciting new chapter for Impress and we are confident that this collaboration will drive growth, expand our reach and create even greater value for our customers
Paul Marino
President and Chief Executive Officer of Impress

Meet our Senior Team

Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.