HCI Equity Partners has sold MSI Express, a national contract manufacturing and packaging firm for the food and beverage industry, to Nonantum Capital Partners.
MSI Express is a contract manufacturing and packaging partner for national and multinational CPG firms, offering services such as dry blending, liquid filling, pouching, bottling, and product development.
Under HCI's ownership, MSI expanded its production capacity from 450,000 to over 2.5 million square feet through several acquisitions.
Nonantum Capital Partners specializes in investing in family- and founder-led businesses, and corporate carve-outs, while HCI Equity Partners focuses on lower middle market distributors, manufacturers, and service providers.