FCA, LLC (“FCA Packaging”), a leading manufacturer of customized industrial protective packaging solutions and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisition of Viking Packing Specialist (“Viking” or the “Company”).
Headquartered in Tulsa, Oklahoma, Viking is a manufacturer and distributor of custom wood crates, cases, metal containers, corrugated and dangerous goods packaging.
David Wilsted, CEO of FCA, said, “We are excited to expand FCA’s industry-leading product expertise with the addition of Viking’s reputation and capabilities in dangerous goods packaging. This acquisition allows FCA to better serve our customers nationwide while also expanding our presence and product offerings to customers in the Tulsa, Austin, and Dallas markets.”
“I’ve known David at FCA for some time and am excited to form this partnership to bring Viking’s capabilities to FCA’s customers nationwide,” said Dave Weilert, President of Viking. “This combination will enhance our service offerings and enable us to better protect our customers' mission-critical components, while also helping them achieve and maintain compliance in a complex regulatory environment. FCA’s nationwide reputation and positive culture are a great fit for Viking and our customers. I could not be more excited about this opportunity to expand, serve, and achieve with a great company led by great people.”
Frank Hayes, Managing Partner at Wynnchurch, said, “Viking further expands FCA’s footprint in the high-growth markets of Texas and Oklahoma while also enabling the Company to introduce its product offerings to new, attractive markets. Viking has established an industry-leading reputation in the dangerous goods market, and we are excited to further enhance the Company’s market presence by bringing that offering to FCA’s nationwide footprint of plants and customers.”
About Viking:
Viking, headquartered in Tulsa, Oklahoma, is a provider of custom wood, plastic, metal, and corrugated packaging for dangerous goods including EV batteries, aerospace components, defense articles, and other products. The Company operates out of facilities in Oklahoma and Texas. For more information, please visit: www.vikingpacking.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $8.6 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Astro Shapes, a leading manufacturer of custom aluminum extrusions. Other recent investments include: Principal Industries, a leading provider of LED components and engineered assemblies; ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies; and Hydraulic Technologies, a market leader in high-pressure hydraulic tools. For more information, please visit: www.wynnchurch.com or follow us on LinkedIn.
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Contacts
For new investment opportunities, please contact:
Mike Teplitsky
Partner
mteplitsky@wynnchurch.com
Scott Fitch
Partner
sfitch@wynnchurch.com