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K-1 Packaging/ Everest Packaging

HAS BEEN ACQUIRED BY

K-1 Packaging Group and Everest Packaging Corp.

Hexagon Capital Alliance LLC (“HCA”) advises K-1 Packaging Group (“K-1) and Everest Packaging Corp. dba Everest Formulations (“Everest”) on its simultaneous sale to funds managed by Dunes Point Capital, LP (“Dunes Point”).

Headquartered in City of Industry, California, K-1 Packaging Group is a full-service designer and provider of custom packaging solutions primarily to the wellness and personal care end markets.  Everest Packaging Corp. dba Everest Formulations is a turnkey contract manufacturer and packager of vitamins and nutritional supplements.

K-1 and Everest operate three manufacturing facilities in California, one procurement and quality control office in Shenzhen, China, and employ approximately 220 people.  With the acquisition, K-1, and Everest partner for growth alongside an experienced and successful team at Dunes Point.

“It was a pleasure working with the Hexagon Capital Alliance team on this transaction.  HCA’s packaging knowledge and industry expertise were critical in identifying, negotiating, and managing a transaction process that resulted in achieving the optimal outcome for shareholders, said Mike Tsai, President, K-1.

Eric Tsai, President of Everest added, “We were impressed with HCA’s strategic advice and tactical skills in negotiating and managing the complex diligence process.  With their guidance, we were able to achieve our goals for both the business and shareholders.  We look forward to working together with our new colleagues as we continue to build industry-leading capabilities to expand the range of products, services, and solutions we can offer to new and existing customers”.

Andrew Suen, Managing Director at HCA, stated, “We are thrilled and honored to have represented both K-1 and Everest in its sale to Dunes Point. We’re extremely excited about the business’ growth prospects and its strong union with experienced investors and operators in Dunes Point.”

For additional information, please contact:

Andrew Suen-Managing Director

[email protected] 

“We were impressed

with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”

Bart DeClark

Flavor Infusion International, S.A.
President