BOX Partners, LLC has recently announced its acquisition of The Packaging Wholesalers (TPW), a nationwide packaging distributor with more than 20 years of experience in the industry. This move will bring together two of the biggest players in the packaging, shipping, and industrial supplies market, allowing them to provide better service to their customers and create more opportunities for their employees, suppliers, business partners, and customers.
BOX Partners is a leading national wholesaler of packaging, shipping, and industrial supplies based in Elgin, Illinois. The company provides supply chain and logistics solutions to packaging distributors, office supply businesses, industrial supply companies, and e-commerce platforms. BOX offers a vast selection of products that are ready to ship the same or next day. BOX helps its customers sell packaging through a comprehensive marketing support program, driven by a powerful technology platform and an ability to think beyond the box.
The Packaging Wholesalers, founded in 2001 by Mike Hrbacek, has become a leading resource for packaging and shipping supplies to distributors across the country. The company stocks a large inventory of some of the most popular items across the corrugated boxes and mailers categories and provides some of the quickest lead times in the industry.
The acquisition of TPW by BOX Partners will allow the two companies to join forces and create a stronger industry presence, with augmented capabilities and a more comprehensive product offering.
According to Neil Thomas, CEO of BOX, “I am pleased to finalize this investment in TPW and unite two businesses with respected brands, strong customer portfolios, and complementary supplier bases. The long-term goal of this deal is to bring the businesses together, combining their talented workforces, innovative technologies, and national distribution centers to provide greater value to customers with the expansion of product assortments, faster delivery, and exceptional customer service.”
The acquisition of TPW by BOX Partners will also provide enhanced opportunities for employees, suppliers, and customers. BOX Partners and TPW employees will have access to more extensive training and development programs and better opportunities for career advancement.
Suppliers will have the opportunity to work with a broader range of customers and offer a more comprehensive product catalog to offer customers, leading to increased sales and a larger market share. Customers will receive the products they need more quickly and efficiently, allowing them to meet their own business demands more effectively.
The partnership of TPW’s strategically located distribution centers and BOX’s wide product selection will solidify them as the leader in wholesale distribution nationwide. With the support of Charlesbank Capital Partners, BOX Partners’ majority owner since December 2021, the combined businesses will have six distribution locations with 3 million+ total square footage throughout the US, providing a larger footprint to better serve customers and enable faster delivery of a greater product assortment.
Brandon White, Charlesbank Managing Director, added, “We are delighted to support this investment and believe that combining the BOX and TPW businesses will significantly accelerate our plans to create a nationwide leader in packaging wholesale distribution.”