September 15, 2026 —CriticalPoint is pleased to announce that it served as exclusive financial advisor to Multi-Pak Packaging (“Multi-Pak” or the “Company”) on its sale to Truvant, a portfolio company of Halifax Group.
Acquired by John and Debbie Culligan in 2006, Multi-Pak operates more than 180,000 square feet of packaging space in West Caldwell, NJ. The Company is FDA-registered and cGMP-compliant, meeting and exceeding FDA standards in 21 CFR Parts 210 and 211, and holds NSF, Organic, Gluten-Free, and Kosher certifications. Multi-Pak serves some of the largest companies in solid-dose OTC, nutritional supplements, consumer health, beauty, and medical device packaging.
Multi-Pak brings a broad set of primary and secondary packaging formats that complement Truvant’s existing lines, including bottling capacity of more than 250 million bottles a year, blister packaging capacity of more than 500 million blisters a year for tablets, caplets and softgels, pouching and sachets, and a dedicated probiotics center built around cold chain handling. The Company also packages Class 1 medical devices and beauty and personal care products, and offers secondary services such as cartoning, kitting and display assembly, along with sourcing, procurement and warehousing.
Combined with Truvant’s expertise in packaging development, procurement, regulatory compliance and sustainability expertise, along with its expanded North American and European operating footprint, the acquisition creates a broader, more integrated offering for customers seeking a single strategic packaging and co-manufacturing partner.
“The CriticalPoint team was invaluable in guiding Multi-Pak through this successful M&A process and we couldn’t have done it without them. They were able to cultivate a tailored group of potential partners because they were steadfast in gaining a deep understanding of our business and culture, which was instrumental in finding the right partner,” said John Culligan, CEO of Multi-Pak. “Thanks to their expertise, diligence, and collaboration, we found an exceptional partner in Truvant, and we’re excited to commence this journey together.”
CriticalPoint served as the exclusive financial advisor to Multi-Pak in connection with the transaction, demonstrating the firm’s expertise in deal advisory, commitment to act as a trusted advisor, and proven ability to deliver for its clients. This represents CriticalPoint’s third recent sell-side transaction in the packaging space.
If you would like more information about CriticalPoint or have questions regarding this transaction, please contact:
Daniel Flanary
Managing Director
Direct: (424) 499-1064
dflanary@criticalpoint.com
Paulette Soetanto
Director
Direct: (415) 318-7030
psoetanto@criticalpoint.com
Brendan Gorman
Vice President
Direct: (424) 567-6193
bgorman@criticalpoint.com
About Multi-Pak Packaging
Multi-Pak is a contract packaging company based in West Caldwell, New Jersey, and a trusted partner to leading companies in the healthcare and consumer products industries. Founded in 2001, the company packages solid-dose OTC, nutritional supplement, consumer health, beauty, and medical device products from more than 180,000 square feet of climate-controlled space. Multi-Pak is FDA-registered, cGMP-compliant, and NSF, Organic, Gluten-Free, and Kosher-certified. For more information, visit multipaknj.com.
About Truvant
Truvant is a pure-play contract packaging and co-manufacturing partner for many of the world’s leading consumer brands. Operating from six campuses across North America and Europe, Truvant co-packs and co-manufactures products close to where they sell, across beauty and personal care, household and consumer packaged goods, food and beverage, toys, and healthcare. For more information, visit truvant.com
About Halifax Group
Founded in 1999, Halifax Group is a private equity firm that partners with managers and entrepreneurs to recapitalize and invest in lower middle-market businesses with total enterprise values generally between $100 million and $300 million. Halifax Group specializes in equity recapitalizations, corporate carve-outs, and management buyouts and invests across a variety of industries, including health and wellness, outsourced business services, and franchising. The firm is headquartered in Washington, D.C. and maintains an office in Raleigh, NC.
About CriticalPoint
CriticalPoint provides tailored financial solutions through a trusted platform, combining the best of Investment Banking and Private Capital. Backed by decades of diverse transaction experience, the CriticalPoint team delivers the insights clients and stakeholders need to achieve superior outcomes. Founded in 2012 by senior M&A professionals with a passion for deal-making, CriticalPoint stands out for its deep expertise in Investment Banking—including mergers and acquisitions, capital markets, deal sourcing, special situations, and valuation advisory—as well as in Private Capital investing, with a focus on corporate divestitures and special situations. When business owners, management teams, private equity firms, and corporate sellers reach a defining moment across a range of industries, they rely on CriticalPoint’s proven expertise. For more information, visit criticalpoint.com.
Mr. Flanary, Ms. Soetanto, and Mr. Gorman are Registered Representatives of, and Securities Products are offered through CriticalPoint Partners, LLC, Member FINRA SIPC. Any testimonial or endorsement may not be representative of the experience of other clients and is no guarantee of future performance or success.
