Antares Capital served as administrative agent and joint lead arranger on a $1.12 billion senior secured credit facility to support the acquisition of ProAmpac by Pritzker Group Private Capital.

Cincinnati-based ProAmpac operates under the Prolamina, Ampac and Tulsack brands and has more than 2,400 employees across 18 manufacturing locations in North America, Europe and Asia. The company offers a broad range of products and capabilities in the food, medical, pet food, security, industrial and specialty retail markets.

“ProAmpac is a global market leader with innovative offerings across a range of flexible packaging products,” said Eric Hansen, senior managing director for Antares. “We are delighted to support Pritzker Group and the ProAmpac management team as they enhance their product lines in the marketplace.”

Pritzker Group, led by Tony and J.B. Pritzker, has three principal investment teams: Private Capital, which acquires and operates leading North America-based companies; Venture Capital, which provides early-stage and growth venture funding to technology companies throughout the U.S. and Asset Management, which partners with top-performing investment managers across global public markets.

The Chicago-based Pritzker Group Private Capital acquires North America-based middle-market companies with leading positions in the manufactured products, services and health care sectors.