This week marks an important period in our company’s history. Decowraps CEO, Steven Tchira, is proud to announce a partnership with Palladin Consumer Retail Partners, LLC. This new partnership will provide Decowraps with additional resources necessary to expand our position as the industry’s leading floral packaging supplier.
Tchira, who is extremely excited to officially share the big news said, “The Palladin team brings a wealth of experience growing consumer brands in different market sectors. Being able to work with them marks a critical next step in our growth strategy. Their expertise and support will provide creative insights and operational improvements that will be instrumental in expanding our platform, including acquisitions.”
Palladin Consumer Retail Partners (PCRP) is a Boston-based private investment firm, founded in 1998, that focuses primarily on the retail and consumer products sectors in North America and Europe. They have partnered with numerous founders and executive teams in order to build successful consumer brands. The portfolio team is led by Mark Schwartz, CEO, and Anders Petersen, Managing Director. They, along with their own team, will work closely with Decowraps in order to provide additional marketing strategies, financial systems, organizational development techniques and other expertise to help manage the company's growth.
“We are excited to partner with Steven and the entire Decowraps team,” Schwartz added. “They have built the leading floral packaging company, are well-respected in the industry, and positioned to accelerate growth. We are confident that, with additional capital and resources, we can work together to significantly expand Decowraps’ market position.”
Petersen, also commented, “We have been extremely impressed with the organization built by Steven. We have been exploring a variety of organic and acquisition opportunities both in the United States and internationally and look forward to working together.”
Below you can read a letter from Tchira regarding the new partnership.