Multi Packaging Solutions, a portfolio company of Madison Dearborn Partners and The Carlyle Group, completed its IPO yesterday, listing on the NYSE under the ticker MPSX. Shares were priced at $13, raising a total of roughly $215 million for the company and selling shareholders. MPS is global provider of value-added packaging solutions to a diverse customer base across the healthcare, consumer and multimedia markets. Shares of the company closed the trading session up almost 22% at $15.83, giving it a market cap of approximately $1.2 billion. MPS intends to use the net proceeds from the offering, along with $7.5 million of cash on hand, to repay a portion of its term loans and to pay related premiums.