Transcendia
IOP Fund IV
| Acquisition Date: | May 2024 |
| Status: | Current |
| Headquarters: | Franklin Park, IL |
| Add-on Acquisitions: | Seeking acquisitions |
Description
Transcendia is a manufacturer and converter of engineered specialty films for packaging applications across a diversified set of end markets including industrial, healthcare, food and beverage, and print and publishing. The company operates 16 strategically located manufacturing, converting and distribution facilities across six states, Canada and Europe.
Operating Thesis
Provide operating resources and a sustainable, long-term capital structure to position the company for the next phase of its growth.
Create fundamental improvement in operating performance:
- Implement cost structure and operational improvements
- Optimize recently built facility and new manufacturing capabilities
- Support additional product development for new and existing customers
