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Business Description:
Tharco is the premier independent manufacturer and distributor of a broad range of value-added corrugated, foam and plastic packaging solutions for a variety of customers and end markets.
Reason for Sale:
Tharco was owned by a private-equity firm who decided to monetize their investment.
Management Participation:
Management participates in a substantial equity incentive program that rewards them for achieving their stated growth objectives.
Investment Success:
Since Tricor’s acquisition of Tharco, Tharco’s cash flows have increased significantly through organic growth, and acquisitions that have provided exposure to attractive new end markets.
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“Tricor has given us the operating autonomy to run our business, while providing strategic and financial support to execute on our growth strategy. We feel fortunate to have Tricor as a partner."
Oscar B. Fears
CEO
Tharco Containers, Inc.
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