Description:  Based in New Jersey, World Wide Packaging is a leading designer and manufacturer of primary packaging for the cosmetics and skin-care industries.  The Company also provides turnkey solutions, including formulation, filling, and secondary packaging.  World Wide Packaging serves a diverse customer base of global cosmetics companies and niche cosmetic lines.

Background/Purpose:  World Wide Packaging was acquired by its majority shareholder in 1995.  Prior to partnering with ShoreView, he had reduced his role in the business, transitioning the day-to-day management to his partner, the Company’s President (who invested in the business in 2000), and other members of the management team.  The majority shareholder was seeking to diversify his personal net worth and complete a leadership transition.  ShoreView structured a transaction that allowed him to achieve these objectives, while retaining a meaningful equity stake in the business.

Growth Strategy:

• Support organic growth by adding sales, design, engineering, and project management personnel; acquiring new customers; and expanding its business with existing customers
• Opportunistically pursue add-on acquisitions to broaden the Company’s customer base, add complementary product lines, and expand geographically