Box-Board Products, a portfolio company of Trivest Partners, has acquired B&N Container, a manufacturer of corrugated boxes in the Southern Virginia area. This is Box-Board's third acquisition since Trivest acquired a majority stake in the company in October 2006. Miami-based Trivest Partners was founded in 1981 and invests primarily in manufacturing, business services, and consumer products companies.
Data provided by the PitchBook Platform shows there have been investments in 21 paper container manufacturers and providers since 2005. The latest acquisition of a paper container company was the $485 million buyout of Chesapeake by Irving Place Capital and Oaktree Capital Management last month.