Houlihan Lokey Advises FusionPKG

Houlihan Lokey is pleased to announce that FusionPKG, a leader in turnkey solutions for the beauty industry, has been acquired by AptarGroup, Inc.

FusionPKG, founded in 2004 by Jonathan Gross and Derek Harvey, is a leader in high quality, prestige airless and color cosmetics packaging, and conception-to-launch turnkey solutions for the North American beauty industry. FusionPKG has existing relationships with many global cosmetic and skincare customers as well as many rapidly growing indie brands. FusionPKG employs approximately 100 people across its headquarters in Dallas, sales and design offices in New York and Los Angeles, and operations in New Jersey and China. The transaction, which is expected to be accretive to Aptar’s Beauty + Home segment margins, is subject to customary closing conditions.

Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing, and active packaging solutions. Aptar uses insights, design, engineering, and science to create dosing, dispensing, and protective packaging technologies for the world’s leading brands, in turn making a meaningful difference in the lives, looks, health, and homes of millions of people around the world. Aptar’s innovative solutions serve a variety of end markets including pharmaceutical, beauty, personal care, home, food, and beverage. The company is headquartered in Crystal Lake, Illinois, and has 14,000 dedicated employees in 17 countries.

This transaction underscores Houlihan Lokey’s deep expertise in the beauty and personal care sector, following recent deals with HCT Group, Accupac, and Cosmetic Essence Innovations. The transaction also strengthens the firm's track record working with the beauty industry’s most innovative and value-added manufacturing, formulation, and turnkey solutions providers.

Houlihan Lokey served as the exclusive financial advisor to FusionPKG and assisted in structuring and negotiating the transaction on its behalf.