Inkcups has received private equity backing to accelerate its five-year growth plan, with MPE Partners having invested in the company.
Inkcups is a manufacturer and supplier of digital inkjet and pad printing equipment, laser platemakers, and corresponding supplies, with direct sales, technical support, and warehouse locations in the US, Canada, Mexico, Germany, Hong Kong, and other global locations. Inkcups manufactures high-quality industrial machines for a wide range of industries, including apparel, drinkware, promotional, electronic, medical, sporting goods, and automotive markets. One of its specialities is digital direct-to-object printing, such as the X360 industrial inkjet UV printer for cylinders and Revolution high-speed digital cylinder printer. It also offers flatbed UV inkjet printing systems.
US-based MPE Partners invests in profitable, lower middle market companies with transaction values up to $250 million. MPE has two primary target investment areas: high-value manufacturing, and commercial and industrial services. Its latest investment will help Inkcups accelerate its five-year growth plan, and expand into new markets and territories. The investment will also support development of new Inkcups printing systems and supplies, as well as bolstering the company’s global sales and customer support network.
Inkcups founder and CEO Ben Adner will remain in his position along with the rest of the Inkcups team, working in partnership with MPE to grow the company globally and further establish Inkcups as a name brand in the digital, pad, and tagless printing markets.
Mr Adner commented, ‘It is an ideal time for Inkcups to have outside, professional investment, both from a financial aspect but also from a strategic standpoint. We are leaders in our markets for all three lines of business – digital, pad printing, and tagless – and have cutting edge, innovative product lines and an aggressive five-year growth plan.
‘MPE Partners has a solid track record of helping companies just like Inkcups get to the next level. We believe that with its resources and guidance, coupled with our strong team and game plan, Inkcups will be able to achieve its goals and provide significant value to our customers.’
Matt Yohe, partner at MPE Partners, said, ‘Since its inception in 2001, Inkcups has developed a reputation for superior product innovation, deep technical knowledge, and comprehensive aftermarket service.’
His colleague, Michael Duffy, vice president at MPE Partners, added, ‘We are looking forward to partnering with Ben and the rest of the Inkcups team to accelerate the company’s growth by making continued investments in product development, customer support and geographic expansion.’
