CREO Group Expands Market Reach through United Solutions Acquisition

CREO Group Enhances Growth Strategy with United Solutions Acquisition

CREO Group, Inc. is proud to announce a significant milestone in its growth journey: the acquisition of United Solutions, a notable leader in innovative household products. This strategic move marks an important step for CREO Group as it expands its portfolio in sustainable horticulture packaging and home goods.

Strengthening Commitment to Innovation

This acquisition is a testament to CREO Group’s dedication to sustainability and innovation. By integrating United Solutions into its operations, CREO Group is set to broaden its product range beyond horticultural products into the dynamic home goods market. United Solutions has established a robust reputation for consumer product design and development, further enhancing CREO Group's approach to innovation.

Leadership Changes to Drive Future Growth

As part of this transformational shift, Dave Reilly, previously the CEO of United Solutions, will take on the role of CEO at CREO Group. Justin Smith, an Executive Partner at Mill Point Capital and interim CEO of CREO Group, will transition to Executive Chairman of the Board, ensuring leadership continuity throughout the change.

Expertise That Matters

Dave Reilly, who has led United Solutions since 2020, brings a wealth of experience from reputable companies like Dorel Industries and Shark Ninja. His extensive background includes fostering high-performing teams with a focus on customer satisfaction. His leadership is expected to propel CREO Group towards achieving its strategic vision.

Growth Opportunities Across Markets

Mark Paolano, a Partner at Mill Point Capital, expressed enthusiasm for the acquisition, emphasizing the valuable addition that United Solutions brings to CREO Group. The combination of expertise from United Solutions and CREO's existing capabilities is poised to create opportunities for growth across various markets.

Commitment to Sustainable Manufacturing

Citing the shared vision of sustainable practices, CREO Group plans to leverage its legacy brands, including Nursery Supplies and CREO Greenhouse, to maintain its leadership in the market. This acquisition will boost CREO's research and development efforts, enhance distribution channels, and support a product-led growth strategy.

Looking Ahead: A Unified Approach

With a combined recycling capacity exceeding 150 million pounds annually, the newly formed CREO Group seeks to establish itself as a pioneer in sustainable manufacturing. The exciting integration of United Solutions is anticipated to foster innovation and drive the development of cutting-edge solutions for customers.

As the company moves forward, CREO Group is committed to creating lasting value for its customers and stakeholders. By serving the ongoing demand for responsible and sustainable products, it ensures that the needs of both consumers and the environment are met.

About CREO Group, Inc.

Headquartered in Kissimmee, FL, CREO Group is a vertically integrated manufacturer that specializes in consumer goods and horticultural solutions. With expertise in processes such as blow molding and resin recycling, it focuses on delivering exceptional products across diverse markets.

About Mill Point Capital LLC

Mill Point Capital LLC is a private equity firm dedicated to enhancing the performance of companies within the lower-middle market. Its skilled team focuses on operational improvements and strategic initiatives to drive value for portfolio companies.

About United Solutions, Inc.

United Solutions, known for its innovative household products, serves a variety of sectors with top-quality solutions. With an emphasis on consumer needs, the company has carved a niche in diverse categories from storage to lawn and garden.

Frequently Asked Questions

What prompted CREO Group to acquire United Solutions?

The acquisition aligns with CREO Group’s strategy to expand their product offerings and strengthen their commitment to sustainability and innovation.

Who will lead CREO Group following the acquisition?

Dave Reilly, the former CEO of United Solutions, will step in as the CEO of CREO Group while Justin Smith remains as Executive Chairman of the Board.

What markets will CREO Group enter with the acquisition?

The acquisition enables CREO Group to enter the home goods sector, complementing its existing horticulture product line.

How does this acquisition impact CREO Group’s sustainability efforts?

This acquisition enhances CREO Group’s capabilities in sustainable manufacturing, particularly with a recycling capacity that exceeds 150 million pounds annually.

What are the future plans for CREO Group?

CREO Group aims to drive innovation, expand its market presence, and create sustainable solutions that meet consumer demands while adding value for stakeholders.

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