Butterfly Equity completed the acquisition of ePac Flexible Packaging from its investor consortium, which included Amcor and Indevco North America. Financial terms of the transaction were not disclosed. The deal brings together a specialist investor in the food and beverage value chain with a global leader in digitally printed flexible packaging.

Founded in 2016, ePac has built a differentiated position in the packaging market by focusing exclusively on digital production for flexible packaging. The company serves fast-growing consumer-packaged goods brands, particularly in food, by enabling short-run, order-to-demand manufacturing with rapid turnaround times. Central to this model is ePacONE, the company’s proprietary technology platform that orchestrates quoting, job routing, and production across its network.

ePac operates 14 facilities across the United States and Canada, all configured with standardized equipment and workflows to ensure consistent quality and service regardless of production location. This networked approach allows brands to scale production quickly while maintaining flexibility across SKUs, regions, and order sizes. The company’s leadership team, led by CEO and co-founder Virag Patel, will remain in place following the acquisition and has retained a meaningful ownership stake.

“By partnering with Butterfly, we enter a new phase of acceleration,” Patel said. He noted that Butterfly’s connectivity across the food and beverage ecosystem complements ePac’s technology-driven model, enabling continued investment in next-generation platforms, such as ePacONE, while expanding value for customers at all stages of growth.

For Butterfly, the acquisition represents a strategic entry into packaging as a core enabler of food and beverage brands. Vishal Patel, Partner and Head of the Investment Team at Butterfly, described packaging as a critical component of the food value chain and emphasized ePac’s strong market position, customer focus, and execution track record. Eric Tommarello, Managing Director at Butterfly, added that ePac’s combination of technology, speed, and customer-centricity has created a scalable foundation for long-term growth in digitally printed packaging.

The transaction underscores growing investor interest in digital and on-demand packaging models, particularly those aligned with food, sustainability, and supply chain resilience. With Butterfly’s backing, ePac is expected to continue expanding its network, advancing its technology platform, and strengthening its role as a packaging partner for innovative CPG brands navigating increasingly complex markets.