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I&I Sales Group Completes Add-on Acquisition

Print Article Contributed by BSM Staff

TAMPA – As it expands its footprint nationally through the organic growth of new sales offices and aggressively executed acquisitions, Industrial and Institutional Sales Group, an Osceola Capital portfolio company, has acquired Cinpak, a provider of outsourced sales and marketing services.

Headquartered in Austin, Texas, Cinpak’s product offerings include disposable take-out packaging, pizza boxes, cutlery, cups, plates, bowls, gloves, wipes, bags and buffet supplies.

Cinpak is the third acquisition within the I&I Sales Group platform, joining Henson Sales Group and Bull’sEye.

I&I Sales Group’s strategy has resulted in the expansion of the company’s geographic footprint from 13 Mid-Atlantic states at the inception of I&I’s partnership with Osceola to now 26 states spanning from Maine to New Mexico.  The company has also broadened its product offerings from janitorial and sanitation to now include disposables, safety, equipment and supply products. 

“Cinpak has been a premier service provider to its manufacturers and customers for over 20 years, and it was important to us to find a partner with the same level of commitment to quality and service that has allowed us to be successful over our history.  We believe we have found that partner in Osceola and I&I,” said Tony Lasita, CEO of Cinpak.

"We are thrilled to have Cinpak join the I&I family,” said Ben Moe, a Managing Partner at Osceola. “Tony and his team have built a strong business with a reputation for partnering with high quality manufacturers, adding significant value to its product offering, and generating excellent and consistent customer satisfaction.  We look forward to continuing that same level of service post-transaction,"

Additionally, Cinpak’s geographic footprint will further enable I&I to provide greater value and broader services to manufacturers and customers across the country.

I&I Sales Group covers 24 states across the Northeast, Mid-Atlantic and South, and represents manufacturers in the janitorial, sanitation, disposables, safety, equipment and supply industries.  Its product offerings include cleaning chemicals, hand soap, mops, mats, trash liners, gloves, take-out packaging, and disposable cutlery and tableware.

Osceola Capital is a Tampa-based private equity firm with over $100 million of capital under management, focused on making control investments in the lower middle-market.

 

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