What is Pregis?
Based in Deerfield, IL, Pregis specializes in designing and manufacturing protective packaging systems and consumables, alongside ready-to-use packaging products and surface protection films. The company distributes these offerings through both distributors and direct-to-end users across North America and Europe. With an installed base exceeding 70,000 systems globally, Pregis generates consistent demand for its specialized film, foam, and paper-based packaging consumables, positioning it as a key player in the protective packaging sector.
How much funding has Pregis raised?
Pregis has raised a total of $232.5M across 1 funding round:
Debt
$232.5M
Debt (2020): $232.5M with participation from Credit Suisse, Wells Fargo, Deutsche Bank, UBS, Barclays, and Morgan Stanley
Key Investors in Pregis
Credit Suisse
Credit Suisse is a global financial services company providing investment banking, wealth management, and asset management services. It is known for its advisory and underwriting capabilities in capital markets.
Wells Fargo
Wells Fargo is a leading U.S. financial services firm providing banking, lending, investment, and mortgage solutions. Known for its extensive branch network and diverse product offerings, the company maintains a significant market presence while navigating regulatory and reputational challenges in the evolving financial sector.
Barclays
Barclays PLC is a British multinational universal bank headquartered in London, providing a wide range of financial services to consumers, businesses, and institutions globally. The company operates through multiple divisions including retail banking, corporate and investment banking, wealth management, and credit cards.
What's next for Pregis?
The recent major strategic investment in Pregis signals a strong confidence from its backers in the company's ongoing expansion and innovation within the protective packaging industry. This capital infusion is expected to fuel further development of advanced packaging solutions, enhance its operational capabilities, and potentially broaden its market reach. Pregis's established presence and recurring revenue model from its extensive system base provide a solid foundation for leveraging this new financing to solidify its leadership and explore new growth avenues.
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