ProMach
ProMach Inc. (“ProMach”) is a designer and provider of integrated packaging machinery and related aftermarket products and services primarily for food, beverage, household goods and pharmaceutical companies.
Investment Date
July 2011
Industry
Diversified Industrials
Headquarters
Covington, KY
Status
Past
ProMach provides a full range of equipment solutions to its customers related to packaging the product, preparing it for shipment and managing it in the supply chain. ProMach partners with its customers to provide highly-engineered packaging machinery that allows customers to increase the efficiency of their operations and introduce or change their packaging in response to the needs of their consumers.
Investment Highlights
* One of the largest installed bases of machines in North America
* Large, diversified base of blue chip customers in stable end markets
* Unique platform for consolidation; expanded its service offerings by completing 12 accretive add-on acquisitions during TJC’s ownership
* TJC partnered with ProMach’s management team to help generate approximately $4.3 million in annualized operational savings
The Jordan people were excellent partners with our executive team at ProMach. Our company generated terrific growth with their guidance and support. The partners we worked with have great talent and high integrity. I would give them the highest recommendation.Mark Anderson, President and CEO, ProMach