Box Partners, LLC, a leading national distributor in the packaging, shipping, and industrial supply sector, has strategically enhanced its market position by acquiring The Packaging Wholesalers (TPW). This acquisition unites two major players in the packaging distribution industry, promising improved service for customers and expanded opportunities for employees, suppliers, and business partners under the “box partners” umbrella.
This strategic move combines the strengths of BOX Partners and TPW, creating a more robust and resourceful entity within the wholesale packaging market. “I am pleased to finalize this investment in TPW and unite two businesses with respected brands, strong customer portfolios and complementary supplier bases,” stated Neil Thomas, CEO of BOX Partners. “The long-term goal of this deal is to bring the businesses together, combining their talented workforces, innovative technologies, and national distribution centers to provide greater value to customers with the expansion of product assortments, faster delivery, and exceptional customer service.” This integration underscores the commitment of BOX Partners to strengthen its network and offerings for all its box partners.
Mike Hrbacek, President and CEO of TPW, also views the acquisition as a significant step forward. “TPW has enjoyed incredible growth and success over the years, but joining with BOX has been a long-term goal of mine,” he commented. “I believe this partnership of TPW’s strategically located distribution centers and BOX’s wide product selection solidifies us as the leader in wholesale distribution nationwide. I look forward to creating a better business together.” The enthusiasm from TPW’s leadership highlights the mutual benefits and shared vision driving this partnership within the “box partners” framework.
The backing of Charlesbank Capital Partners, the majority owner of BOX Partners since December 2021, has been crucial in facilitating this expansion. Brandon White, Managing Director at Charlesbank, noted, “We are delighted to support this investment and believe that combining the BOX and TPW businesses will significantly accelerate our plans to create a nationwide leader in packaging wholesale distribution.” This support from Charlesbank reinforces the strategic importance of this acquisition for BOX Partners and its growth trajectory as a key player for “box partners” and the wider industry.
The combined operations of BOX Partners and TPW will now encompass six distribution centers across the United States, boasting over 3 million square feet of space. This expanded footprint significantly improves service capabilities, enabling faster delivery and a broader product range for customers nationwide. For “box partners,” this means access to an even more comprehensive network and enhanced logistical support, solidifying BOX Partners’ position as a premier provider in the packaging and shipping supply chain.
About BOX Partners, LLC
Helping YOU Sell Packaging®, BOX Partners, based in Elgin, Illinois, is a premier national wholesaler of packaging, shipping, and industrial supplies. They offer comprehensive supply chain and logistics solutions to a diverse clientele, including packaging distributors, office supply businesses, industrial supply companies, and e-commerce platforms. BOX Partners prides itself on a vast product selection, rapid same-day or next-day shipping, and custom-label drop-ship services. Driven by a powerful technology platform and innovative approach, BOX Partners is dedicated to empowering its “box partners” to succeed in the packaging market. www.boxpartners.com
About The Packaging Wholesalers
Founded in 2001 by Mike Hrbacek, The Packaging Wholesalers has established itself as a leading supplier of packaging and shipping materials to distributors throughout the US. Known for its substantial inventory of popular corrugated boxes and mailers, TPW is committed to providing some of the fastest turnaround times in the industry. www.packagingwholesalers.com
About Charlesbank Capital Partners
Charlesbank Capital Partners, with offices in Boston and New York, is a leading middle-market private investment firm managing over $15 billion in capital since its inception. Charlesbank focuses on management-led buyouts and growth capital financings, along with opportunistic credit and technology investments. The firm is dedicated to building companies with lasting competitive advantages and strong growth potential. For further details, please visit www.charlesbank.com.
