Oridian Capital Partners-Backed ACR Acquires Ultra Green Packaging

WASHINGTON, Oct. 22, 2026 /PRNewswire/ -- ACR (AmerCareRoyal, LLC) acquires Minnesota-based Ultra Green Packaging ("Ultra Green"), a supplier of packaging for the foodservice, grocery and institutional markets. The transaction marks ACR's twelfth add-on acquisition since Oridian Capital Partners' initial investment.

Headquartered in Mound, Minnesota, Ultra Green designs and distributes fiber-based packaging and rPET packaging lids. Its molded fiber products include take-n-bake pizza trays, sushi trays and bakeware. The acquisition expands ACR's PrimeWare™ line and adds packaging options for grocery and retail customers.

"Ultra Green expands our product breadth and strengthens our ability to meet the evolving packaging needs of foodservice and grocery customers," said Scott Milberg, Chief Executive Officer of ACR. "Their molded fiber capabilities and compostable packaging credentials complement our existing portfolio. We look forward to bringing these products to a broader base of grocery and retail customers through ACR's distribution network."

"Ultra Green reflects the kind of business we seek out for ACR's platform: an established company with specialized capabilities and a complementary product portfolio," said Brendon Biddle, Managing Director at Oridian Capital Partners. "We believe combining Ultra Green's molded fiber expertise with ACR's infrastructure and customer relationships can create growth opportunities for the combined business."

Ultra Green's Kristin Davidson will remain actively involved following the acquisition, alongside key members of Ultra Green's management team.

About ACR

ACR is a single stream resource for essential packaging and preparation products used in the foodservice, janitorial, sanitation, education, industrial, hospitality, and healthcare industries. With multiple shipping points across North America, our family of brands service national level customers with outstanding customer service and an ever-growing product line. For more information, visit weareacr.com

About Oridian Capital Partners

Oridian Capital Partners (formerly HCI Equity Partners) is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and drives transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C., please visit oridiancapital.com 

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SOURCE Oridian Capital Partners