ACR (AmerCareRoyal), a provider of foodservice essentials and operational supplies backed by Oridian Capital Partners, has acquired the assets of RediBagUSA, a supplier of reusable retail bags, paper products, and sustainable packaging solutions. The transaction is ACR’s eleventh acquisition under Oridian’s ownership. RediBagUSA President and CEO Jeff Rabiea will remain with the business alongside key members of the management team.
Founded in 1957 as New York Packaging, RediBagUSA has more than 63 years of operating history and serves grocery, restaurant, deli, medical, and industrial customers across the United States. The company’s product portfolio spans paper, reusable, recyclable, and compostable food safety bags, gloves, trash can liners, and other essential supplies. In 2001 the company expanded into importing packaging products from international manufacturers under the RediBagUSA brand. Its assets include patented products, a broad supplier network, and customization capabilities across its bag and packaging categories.
ACR operates as a single-source supplier of essential packaging and preparation products for the foodservice, janitorial, sanitation, education, industrial, hospitality, and healthcare industries, with multiple shipping points across North America. The addition of RediBagUSA extends ACR’s sustainable product offering and deepens its reach into grocery and retail end markets where demand for reusable and compostable packaging has grown alongside regulatory and customer pressure to reduce single-use plastics.
Oridian Capital Partners, formerly known as HCI Equity Partners and headquartered in Washington, D.C., focuses on lower middle market investments in service, distribution, and manufacturing companies, driving growth through M&A consolidation in fragmented North American markets.
Support: Greenberg Traurig served as legal counsel to ACR; PMCF acted as financial advisor to RediBagUSA, with Bodman Law serving as its legal counsel.
KEY QUOTES:
“By bringing RediBagUSA into our organization, we are expanding our product breadth and strengthening our ability to meet evolving customer needs. Their sourcing expertise, brand portfolio, and customer relationships complement our platform well and create meaningful opportunities for continued expansion.”
Scott Milberg, Chief Executive Officer, ACR
“RediBagUSA is the eleventh acquisition under Oridian’s ownership and continues to underscore ACR’s disciplined approach to building scale through businesses that align strategically and culturally. We believe this combination positions ACR for sustained value creation.”
Doug McCormick, Managing Partner, Oridian Capital Partners
“ACR’s international reach, operational infrastructure, and commitment to reliability will allow us to accelerate our growth while continuing to deliver the quality and service our customers expect.”
Jeff Rabiea, President and Chief Executive Officer, RediBagUSA
