Main Line Equity Partners Makes Growth Investment in American Box & Recycling

Dec 10, 2018 | Deals

53-year-old Philadelphia company is one of the largest distributors of reprocessed cardboard boxes in the US

Main Line Equity Partners has completed a strategic growth investment in American Box & Recycling Company, one of the largest distributors of reprocessed cardboard boxes in the Northeast United States. They serve as the packaging source for intercompany transport of goods between distribution facilities, fulfillment centers, warehouses, and retail locations. The investment will provide the company capital to grow within its current footprint, expand regionally into other key markets, and rollout additional services.

American Box & Recycling Company was founded in 1965. It’s led by Stuart Parmet, the third-generation owner and President. The company has developed strong partnerships with many of the largest pharmaceutical, home goods, and retail brands—providing a second life for once-used cardboard boxes and other materials at a fraction of the cost of newly manufactured boxes. Its waste stream management programs help customers achieve “zero waste” sustainability.

The company is headquartered in Northeast Philadelphia within a 200,000 sq. ft. facility. They recently opened a 50,000 sq. ft. location in Pittsburgh to serve the Western Pennsylvania and Ohio markets.

“We were attracted by the unique position American Box sits within the industry’s value chain, embedded growing demand for the once-used box offering, positive market dynamics, and a multitude of growth opportunities,” commented Chris Randazzo, Founder and Managing Partner of Main Line Equity Partners. “They have built a great business with truly impressive people, and we are excited to partner with them to support their continued expansion.”

Parmet added, “This business was started by my Grandfather, and has come a long way in the last fifty years.  A partnership with Main Line made sense, beyond pure capital, as they have demonstrated true excitement for the business, and functional business expertise to help us achieve the next stage of growth for our company.”