TJC acquires Ardian's investment in packaging firm Soteria Flexibles
Soteria Flexibles was formed in 2019 following Ardian's acquisition of Colonial Bag. Soteria Flexibles is led by CEO Brad Herbolsheimer Ardian is c...
Soteria Flexibles was formed in 2019 following Ardian's acquisition of Colonial Bag. Soteria Flexibles is led by CEO Brad Herbolsheimer Ardian is currently managing or advising $150 billion of assets on behalf of more than 1,400 clients globally Headquartered in New York City, TJC invests in the middle market Ardian has divested its investment in Soteria Flexibles, a Carol Stream, Illinois-based provider of flexible packaging manufacturing, to TJC. No financial terms were disclosed. Soteria Flexibles was formed in 2019 following Ardian's acquisition of Colonial Bag.