NEW YORK and MIAMI, Nov. 5, 2024 /PRNewswire/ — Aterian Investment Partners, a renowned private investment firm, has recently announced the acquisition of Outlook Group, LLC, signaling a strong Partners Outlook for both entities. This strategic move sees Aterian’s affiliate adding Outlook Group, a leading Midwest-based provider specializing in pressure sensitive labels and turnkey packaging solutions, to its portfolio. This marks the sixth investment from Aterian’s Fund IV, an $834 million investment vehicle, underscoring Aterian’s commitment to strategic growth and expansion.
Outlook Group, established in 1977 and headquartered in Neenah, Wisconsin, has built a solid reputation over decades for delivering exceptional, customized products. Their dedication to high-touch customer service and comprehensive supply chain solutions has made them a trusted partner for numerous leading North American brands in the food & beverage, consumer staples, and healthcare sectors. The company’s diverse service offerings encompass the design, printing, and converting of pressure sensitive labels, flexible packaging, and folding cartons. Furthermore, Outlook Group provides a fully integrated turnkey packaging solution, streamlining processes for their clients. Operating from two Wisconsin locations with around 260 employees, Outlook Group stands as a significant player in the packaging industry.
Brandon Bethea, Co-Founder & Partner at Aterian, expressed his enthusiasm about the new venture, stating, “We are excited to partner with the Outlook team to support the Company through its next phase of growth. Outlook has an industry-wide reputation for quality earned through decades of superior levels of service that has resulted in a longstanding customer base.” This partnership reflects Aterian’s confidence in Outlook Group’s established market presence and potential for future expansion.
Echoing this positive partners outlook, Mike Jansen, CEO of Outlook, remarked, “We are thrilled to partner with Aterian as we look to expand our product offering, grow with existing customers and win new clients. Aterian’s relevant industry experience, strong track record and close alignment with our team will help accelerate our long-term growth plan.” Jansen’s statement emphasizes the mutual benefits expected from this collaboration, highlighting Aterian’s industry knowledge and resources as key drivers for Outlook Group’s future success.
Ryan Miller, Managing Director at Aterian, further elaborated on the strategic rationale behind the acquisition, noting, “Outlook is positioned for future success due to the Company’s strong management team, high touch service model and deep capabilities. We look forward to working closely with the Company’s management team to drive growth through both organic initiatives and M&A.” This forward-looking statement reinforces the partners outlook as one geared towards proactive growth and market expansion, utilizing both internal strengths and external opportunities.
For this transaction, Aterian received advisory services from Weil, Gotshal & Manges LLP, PricewaterhouseCoopers LLP, and Perella Weinberg Partners LP, demonstrating the comprehensive and strategic approach taken by Aterian in this acquisition.
About Outlook Group
Outlook Group is recognized as a premier Midwest-based provider of pressure sensitive labels and turnkey packaging solutions. Serving a distinguished clientele of North America’s leading food & beverage, consumer staples, and healthcare brands, the company offers extensive capabilities including designing, printing, converting, co-packaging, and complete turnkey solutions. Their commitment to quality and customer service positions them as a valuable partner in the packaging industry.
For more detailed information about Outlook Group, please visit their website: https://www.outlookgroup.com.
About Aterian Investment Partners
Aterian Investment Partners is a private equity firm focused on investing in industry-leading, middle market businesses. Aterian collaborates closely with management teams, providing support across various organizational aspects, including people, processes, equipment, technology, and social governance. With offices located in New York and Florida, Aterian has accumulated capital commitments exceeding $2 billion since its inception in 2009. Their investment philosophy centers on fostering sustainable growth and operational excellence within their portfolio companies.
For more information about Aterian Investment Partners, please visit: www.aterianpartners.com.
SOURCE Aterian Investment Partners
