Feb 15, 2022

Capstone Partners Advised Inkcups on Its Sale to MPE Partners

Capstone Partners advised Inkcups, a leader in the specialty printing industry, on its sale to MPE Partners (MPE or Morgenthaler Private Equity).

Inkcups is a Massachusetts-based manufacturer and supplier of specialty printing equipment, offering direct-to-shape digital printers, pad and tagless printing equipment, and consumable supplies. With direct sales, technical support, and warehouse locations in the US, Canada, Mexico, Germany, Hong Kong, and other international locations, Inkcups serves a global customer base across the branded consumer products, e-commerce retail, and promotional products market segments.

The Capstone team was all in from the moment I met them. They were professional, engaged, and were clearly out for my best interest. When things got sticky, they rose to the occasion, figuring ways to work through issues constructively. Capstone was a true partner in a successful transaction, and I would recommend them highly

Ben Adnerfounder and CEO, Inkcups

Inkcups founder and CEO Ben Adner will remain in his position along with the rest of the Inkcups team, working in partnership with MPE to grow the company globally and further establish Inkcups as a name brand in the digital, pad, and tagless printing markets.

Adner then added, “MPE is a natural partner for Inkcups because they truly understand how to work with entrepreneurs and founder-owned businesses and help them get to the next level. Inkcups has great momentum in all product lines, and I am excited to collaborate with MPE to drive growth and capitalize on exciting industry tailwinds, such as product personalization and environmental sustainability while continuing to offer our customers best-in-class products and service.”

John Ferrara, founder and CEO at Capstone, noted, “Inkcups offers extraordinary service on a global scale. It was a privilege to represent them, and I look forward to witnessing how this partnership with MPE will help facilitate their continued success.”

Sam Matlin, Director at Capstone, commented, “We are honored to have represented Inkcups. This transaction symbolizes the strong outlook and interest in direct-to-object digital printing, personalization, and e-commerce retail. Through the vision and commitment of Ben Adner and his team, Inkcups grew from a small printing supplies company into a preeminent market leader with exceptional global brand recognition, product ingenuity, and unmatched service capabilities. We are certain that Inkcups’ growth will accelerate under MPE’s ownership amidst compelling market tailwinds and continued organizational investments.”

MPE Partners seeks to be the preferred partner for entrepreneur- and family-owned companies. Based in Cleveland, OH, and Boston, MA, MPE invests in profitable, lower-middle-market companies with transaction values up to $250 million. MPE has two primary target investment areas: high-value manufacturing and commercial & industrial services.