WAYNE, PENNSYLVANIA – 3/6/2025
Falcon Capital Partners, LLC (“Falcon”), a leading middle-market investment bank, is pleased to announce the sale of HavPak, Inc. (“HavPak”) to Mapaex Health and Personalcare, Inc. (“Mapaex”).
HavPak, headquartered in West Chester, PA, is a leading contract packaging and manufacturing company producing a multitude of products. The business is primarily focused on the healthcare and beauty markets, producing several types of dental floss products for Procter & Gamble, including the Oral B Glide brand of floss. The Company also packages various other items including feminine care products, cleaning wipes, laundry products, and guitar strings and continues to develop new and innovative solutions. The business was founded in 1991 by James Hess, and under his leadership HavPak grew from a small kitting operation in Jim’s basement into an international organization with four locations across the US and a plant in China.
Mapaex, a third-generation family business, specializes in oral care, consumer products, health solutions, vitamins and supplements and logistics. With exports spanning over eighty-five countries, Mapaex offers products with innovative technology and world-class manufacturing practices, delivering an unparalleled experience to brand owners. Mapaex has operations in Europe, India, Africa, Australia, and now the U.S. and China with its acquisition of HavPak.
The acquisition of HavPak will provide Mapaex with its first significant investment in the United States and significantly bolster its Oral Care division.
Falcon has been a trusted advisor to HavPak for almost a decade. Falcon’s working relationship with HavPak began in 2016, and a formal engagement was entered into in 2018 to assist the company in a strategic advisory capacity. Falcon immediately rolled up its sleeves and was integral in supporting Jim and his team with critical internal initiatives, including improving its finance and accounting department and controls, along with guiding improvements in IT functions. Additionally, Falcon assisted Jim with selecting new CPA and legal advisors, a new CFO, and worked alongside his wealth management firm to ensure a comprehensive approach to HavPak’s financial and strategic needs.
Mark Gaeto, Managing Director at Falcon, stated, “It has been a pleasure to work with Jim and Laurie Hess and their staff over the better part of the past decade to assist the business with significant value creation activities culminating in a favorable outcome for all parties. This transaction illustrates Falcon’s role as more than just a sell-side banker, but rather a true partner serving the best interests of its clients.”
James Hess, Founder and President of HavPak stated “The Falcon team has been instrumental throughout our growth journey, as both a strategic advisor and transaction execution specialist. Their understanding of the market and all aspects of our operations played a key role in delivering a fantastic outcome for me and my organization. We would not hesitate to recommend Mark and the entire Falcon team to any business owner seeking a trusted advisor that has their best interests at heart and is capable of driving value.”
The terms of the transaction were not disclosed. This transaction represents Falcon’s continued expertise in representing entrepreneurs and family-owned businesses. The Falcon deal team included Managing Director Mark Gaeto, Director Don Wanner, and Senior Associate Rob Purcell.
For more information, please contact us.
Mark Gaeto | mgaeto@falconllc.com
Don Wanner | dwanner@falconllc.com
