Omaha-based packaging manufacturer Airlite Plastics has acquired Cosmetic Specialties International (CSI), a U.S. manufacturer of cosmetic containers for the beauty and skin care industries.
 
The acquisition will allow Airlite to expand its footprint in the United States and enter the cosmetics industry through a well-established industry player in the space.
 
Bridgepoint Investment Banking acted as the sole buy-side M&A advisor to Airlite.
 
Airlite CEO Brad Crosby commented, “We are incredibly excited for the future with CSI. We gave the Bridgepoint team a narrow list of criteria and they delivered.”
 
Steve Kane, Airlite CFO added, “The Bridgepoint team didn’t stop at sourcing the opportunity. They worked tirelessly at a phenomenally high level to support us, from initial discussions to negotiations to diligence to close. And, we had fun doing it.”
 
Bridgepoint managing director Mike Anderson commented, “Bridgepoint has been impressed with the level of professionalism and integrity from both companies in this M&A process. We’re committed to helping leading family- and founder-owned companies such as Airlite achieve their strategic goals. This acquisition is a good example of accomplishing that mission.”