Dempsey International Packaging, a KCooper Brands company (“Dempsey International” or the “Company”) and Timoneer Strategic Partners (“Timoneer”) are pleased to announce they have reached a Partnership Agreement that establishes Dempsey International Packaging as an acquisition platform within the rigid packaging industry.
Founded in 2016 by Kathi and George Dempsey, and headquartered in Denver, Colorado, Dempsey International Packaging is led by CEO George Dempsey, a 24-year veteran of St. Louis, Missouri based TricorBraun, where he served as Chief Operating Officer. Ben Frazier, Managing Partner and co-founder of Timoneer, noted,
“We are incredibly excited to partner with George, Kathi, and the entire Dempsey International team. It is amazing what Dempsey International has accomplished in just a short period of time. George not only brings an unparalleled understanding of the rigid packaging industry, but also has tremendous experience in driving private equity-backed acquisition strategies in the space.”
Dempsey International’s organic growth trajectory has continued to steepen through the COVID-19 pandemic. The Company is on track to top $50 million in revenue, making it the ideal platform for founders Kathi and George Dempsey to partner with other like-minded, entrepreneurial companies in the rigid packaging space. Ultimately, Dempsey International has the goal of becoming the acquisition partner of choice for closely held businesses in the industry, and the industry partner of choice for end customers, suppliers, and all constituents in the value chain.