January 8, 2026— CriticalPoint is pleased to announce that it served as the exclusive financial advisor to Merrill’s Packaging, Inc. (“Merrill’s” or “Merrill’s Packaging”) on its sale to Nelipak Corporation (“Nelipak”), a leading global provider of healthcare packaging solutions and a portfolio company of Kohlberg & Company.
Merrill’s Packaging specializes in custom thermoformed packaging solutions for medical devices, pharmaceuticals, life sciences, and other demanding applications requiring exceptional precision and reliability. Merrill’s also offers complementary products and services, including die-cut pouch and mounting cards, as well as value-added design, development, and tooling services. Merrill’s operating footprint includes production facilities in Burlingame, Calif., and Alajuela, Costa Rica, which are ISO 13485 certified and equipped with ISO Class 8 cleanrooms.
Founded in 1961, Merrill’s Packaging has grown for more than six decades into a leader in custom thermoforming by focusing on the unique needs of its customers and consistently delivering quality, service, innovation, and professional attention. Merrill’s growth milestones include entering the Costa Rican market in 2010 and the opening of a new, larger facility there in 2024.
“We are excited about the partnership between Merrill’s and Nelipak. The combination of the two companies is an incredible growth opportunity for Merrill’s employees and customers,” said Sue Merrill, owner of Merrill’s Packaging. “This sale is the culmination of decades of hard work by the Merrill’s team and a fitting result for the legacy of the company. We are grateful to the CriticalPoint team for their assistance in helping us reach this milestone.”
CriticalPoint served as the exclusive financial advisor to Merrill’s in connection with the transaction, demonstrating the firm’s expertise in deal advisory and its commitment to act as a trusted advisor, with proven ability to deliver for its clients.
If you would like more information about CriticalPoint or have questions regarding this transaction, please contact:
Matt Young
Founder & CEO
Direct: (310) 321-4401
myoung@criticalpoint.com
Nick Cipiti
Managing Director
Direct: (310) 488-5042
ncipiti@criticalpoint.com
About Merrill’s Packaging
Founded in 1961, Merrill’s Packaging specializes in the design and production of custom thermoformed packaging across the medical device, pharmaceutical, life sciences, food, electronics, and retail industries. With more than six decades of experience, Merrill’s offers a full-service solution for its customers, including packaging design, in-house tooling, CAD/CAM mold programming, and high-volume production. The company’s operating footprint includes sites in Burlingame, Calif., and Alajuela, Costa Rica, enabling global supply and manufacturing flexibility. Customers have included major companies in technology, medical, and consumer goods, reflecting a reputation for precision, reliability, and scalability. For more information, visit merrills.com.
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.
Messrs. Young and Cipiti 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 customers and is no guarantee of future performance or success.
