Breck Partners Acquires NPX One

DALLAS — Breck Partners, a Dallas-based private equity firm, announced that it has partnered with Rudy Cuellar and management to acquire the ownership interests in NPX One. Headquartered in Reading, Pa., NPX One is a food packaging manufacturer providing foam trays for fresh protein products to food processors, distributors and supermarkets. 

“Rudy and the leadership team at NPX One have built a solid operating business that provides exceptional value to their broad base of outstanding customers,” said Brian Steinbrueck, partner at Breck Partners. “The company is at a compelling inflection point with many great operational and strategic opportunities ahead, which is exactly where Breck seeks to invest and support our leaders in their journey. We are excited to partner with the team to continue building a leading food packaging platform."

"We are pleased and excited for our new partnership with the Breck team,” said Rudy Cuellar, CEO of NPX One. “This new partnership will help position us for continued innovation in our products and services as we continually seek to serve our employees, customers and supply chain partners even better. NPX One and Breck share a strategic vision for growth that will truly enhance our presence in the food packaging marketplace. The future is incredibly bright for NPX One."

Brad Brenneman, partner at Breck Partners, added, "NPX One provides a unique value proposition as a high quality, exceptional service option in their market. A strong, deeply invested team combined with solid growth potential is a compelling situation for Breck. We are honored to partner with Rudy and the NPX One team and look forward to supporting the company's growth."