Boyne Capital Partners (“Boyne”) has some exciting news. The company www.marijuanapackaging.com or “MJ Pack” has acquired Aphecal Enterprises, Inc. dba www.420packaging.com. This company is a leading supplier of packaging materials and ancillary products to the high-growth medical and recreational cannabis industry.
A Larger Packing Presence
Since 2013, 420packaging.com has provided a one-stop-shop for its customers, offering approximately 2,500 products. This includes packaging products (glass jars, pop-top bottles, vials, tubes, retail exit bags) and other ancillary goods. As part of the transaction, A&A also acquired the intellectual property related to the manufacture of Squeezetops®. This is a popular brand of regulatory compliant, child-resistant containers. In addition to its flagship website, www.420packaging.com, the company operates the highly trafficked www.smokecones.com and www.humiditypacks.com, focusing on various cannabis-related ancillaries.
“We’re very excited to have closed on this acquisition,” said A&A founder and CEO David Aryan. “Aphecal will broaden our reach while allowing us to enhance the product portfolio on Aphecal’s already impressive e-commerce platform. At the same time, the IP we’ve gained will fit perfectly within our portfolio of exclusive products. The Boyne team and the M&A expertise they’ve brought to A&A has proven a great asset.”
Boyne Capital Partners is a Florida-based private equity firm focused on investments in lower middle-market companies. Founded in 2006, Boyne has successfully invested in various industries, including healthcare services, consumer products, manufacturing, and business & financial services. Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive company performance and growth. Boyne specializes in providing the capital necessary to fund corporate development and facilitate owners and shareholders’ partial or full exit. For additional information, please visit www.boynecapital.com.
“A&A is committed to pursuing strategic acquisitions where it can leverage its robust supply chain and marketing expertise to drive growth,” said Boyne Managing Partner and CEO Derek McDowell, “Aphecal is a prime example of an opportunity where A&A can bring more products to more customers at market-leading pricing. We look forward to pursuing more great investments with the A&A team.”