Multi Packaging Solutions Inc. (NYSE: MPSX) expects to raise $300 million in its upcoming IPO. Based in New York, Multi Packaging Solutions provides print, label and packaging solutions for industries such as entertainment, healthcare, beverage, consumer, cosmetics and media end markets globally.
Multi Packaging Solutions will offer 18.75 million shares at an expected price range of $15 to $17. If the underwriters price the IPO at the midpoint of that range, MPSX will have a market capitalization of $1.2 billion.
MPSX filed for the IPO on June 26, 2015.
Lead Underwriters: Barclays Capital and BofA Merrill Lynch
Underwriters: BMO Capital Markets, Citigroup Global Markets, Credit Suisse Securities, Goldman Sachs, Robert W. Baird & Co., and UBS Investment Bank
Business Summary: Provider of Label, Print and Packaging Solutions
Multi Packaging Solutions provides print, packaging and label solutions for healthcare, entertainment, consumer, beverage, cosmetics and media end markets worldwide. The company offers a wide array of print-based specialty packaging solutions, such as labels, rigid packaging and folded carton inserts using a variety of materials and finishes with value-added services including creative design, customized solutions and product development.
The company’s healthcare products include folding cartons, blister cards, windowed cartons, PVC packaging, inserts and outserts, point-of-purchase products, and clinical supplies, such as patient diaries, recruitment materials, specialty packaging, patient education kits, and flexible films.
Its product portfolio for the entertainment market includes booklets, folders and tray cards for CDs and DVDs, manual, cover sheets, folders, registration cards and inserts for games, and specialty packaging utilizing acrylic, metal fabric and other materials.
Its products for the consumer brands market include value-added packaging, labels, point-of-purchase, marketing and corporate identity essentials, and paper and film products. Digital graphic services include covering pre-press, art working, digital proofs, file-to-plate, localization, translation and digital management solutions.
