ACR adds RediBagUSA
Brings a supplier of reusable bags and sustainable packaging serving grocery, restaurant, and medical markets to the Oridian-backed platform, now on its eleventh add-on.
Takeaways
- RediBagUSA is a supplier of reusable bags, paper products, and sustainable packaging solutions.
- ACR is acquiring RediBagUSA with backing from Oridian Capital.
- The target serves grocery, restaurant, deli, medical, and industrial across United States.
ACR, the Exton, Pa.-based foodservice essentials provider backed by Oridian Capital Partners, has acquired the assets of RediBagUSA, a supplier of reusable retail bags, high-quality paper products, and sustainable packaging solutions.
RediBagUSA serves grocery, restaurant, deli, medical, and industrial customers across the United States.
Founded in 1957, RediBagUSA built a domestic manufacturing base and added importing capabilities in 2001.
Its product line includes paper, reusable, recyclable, and compostable food safety bags, gloves, and trash can liners.
"Oridian is pleased to support ACR in this next phase of growth," said Doug McCormick, Managing Partner at Oridian Capital Partners.
The transaction is ACR's eleventh add-on under Oridian's ownership.
Jeff Rabiea, RediBagUSA's president and CEO, will remain actively involved with the business.
Greenberg Traurig served as legal counsel to ACR; PMCF acted as financial advisor and Bodman Law as legal counsel to RediBagUSA.
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