SC&H Capital Advises Innovative Packaging Solutions in Sale to Welch Packaging Group, Inc.

ELLICOTT CITY, MD - February 21, 2024

SC&H Capital, a leading investment bank specializing in M&A advisory for middle-market companies, is pleased to announce that its client, Innovative Packaging Solutions (“IPS”), has been acquired by Welch Packaging Group, Inc. (“Welch”).

Founded in 2000 and headquartered in York, PA, IPS is a full-service provider of turnkey corrugated packaging solutions, including die/cut production, high-end design and sales solutions, reels and spools manufacturing, and fulfillment services. IPS’s deep design and manufacturing capabilities ensure its customers receive high-quality, industry-leading corrugated products.

Welch is a leading provider of corrugated products and solutions, specializing in corrugated box manufacturing and custom-designed packaging. Headquartered in Elkhart, IN, Welch owns and operates 20 manufacturing companies and a packaging distribution company, employing more than 1,500 associates.

“Becoming a part of the Welch family of companies provides IPS with a strong partner for growth and the opportunity to expand our position as a leading corrugated packaging manufacturer in the Mid-Atlantic,” said Chuck Kelley, President of IPS. “SC&H’s dedication and commitment was instrumental in achieving a successful outcome for us and our dedicated staff. The SC&H team led us through every aspect of the sales process, and we could not be happier with the outcome for our company and employees.”

“We are excited for IPS’ future with a great partner like Welch,” said Matthew Everett, Principal at SC&H Capital. “IPS has been a model of quality and excellence in the corrugated packaging industry for over 20 years. It was clear from the beginning that the Welch team shared IPS’ commitment and passion to their customers and associates and will provide IPS the additional resources needed to accelerate their growth in the region.”

About SC&H Capital

SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, capital raises, financial restructurings, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including technology, healthcare, manufacturing, consumer, business and professional services, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit

← Back to Press Releases