Asset Manager

Updated:

Pro Mach

Mark Anderson built Pro Mach through 45+ packaging machinery acquisitions, creating a uniquely decentralized platform in industrial automation.

Pro Mach

Pro Mach was founded in 1998 by Mark Anderson as an acquisition vehicle targeting US-based packaging equipment manufacturers. Backed initially by Odyssey Investment Partners and later by Leonard Green & Partners, the firm assembled a portfolio spanning primary packaging, end-of-line automation, labeling, and materials — serving producers in food and beverage, pharmaceuticals, consumer goods, and industrial markets. The firm's strategy centers on acquiring family-owned or founder-led packaging machinery businesses, typically below $100M in enterprise value, and providing centralized back-office, procurement, and engineering resources while preserving brand identity. Pro Mach's product lines include integrated bottling systems, robotic case packers, palletizers, conveyors, and shrink-wrapping systems. Disclosed acquisitions include Roberts PolyPro, a handle and multi-pack applicator maker, and Zalkin, a French capping-machine specialist, extending its European reach. Geographic presence covers North America, with incremental exposure to France, the UK, and Mexico post-acquisition. The firm operates as a holding company with hundreds of brands organized under distinct product divisions. In May 2024, Pro Mach acquired Bartelt, a Florida-based horizontal form-fill-seal machine builder, marking its continued tuck-in activity (per Packaging World, May 2024). Pro Mach has historically maintained a private-equity-backed capital structure, with Leonard Green & Partners acquiring a majority stake in 2017 in a transaction that reportedly valued the business near $2 billion. Pro Mach's structural differentiator is its decentralized operating model: each acquired company retains its legacy brand, engineering culture, and customer relationships, while Pro Mach consolidates purchasing power and provides shared manufacturing-floor analytics. This holding-company architecture, uncommon in a sector dominated by large integrated OEMs like Tetra Pak or Krones, allows Pro Mach to preserve moats in niche packaging subsegments while capturing economies of scale.

General information

Firm type

Asset Manager

Year founded

1998

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Covington

Corporate office

Covington, KY, United States

Principals

Mark Anderson

CEO

Sector focus

Industrial TechRobotics & Automation

Frequently asked questions

Who runs investment decisions at Pro Mach?

Mark Anderson has led the firm as CEO since founding it in 1998. Day-to-day acquisition sourcing and integration is managed by a dedicated in-house corporate development team, with final investment approval resting with Anderson and the board representatives of Leonard Green & Partners, the majority owner since 2017.

How does Pro Mach source acquisition targets?

Pro Mach pursues a proprietary deal-sourcing model focused on founder-owned packaging machinery companies. Targets are typically identified through trade-show networks, packaging-industry associations, and direct outreach to owners nearing retirement. The firm's reputation as a brand-preserving acquirer provides a competitive edge over financial buyers in auctions for family-held equipment makers.

Is Pro Mach an operating company or a private equity fund?

Pro Mach operates as a permanent-hold industrial platform structured as a corporation, not a closed-end fund. While it has been majority-owned by private equity sponsors (Odyssey Investment Partners, and now Leonard Green & Partners since 2017), the entity itself acquires businesses with no predefined exit timeline, earning its revenue from the operating performance of its subsidiaries.

What packaging segments does Pro Mach concentrate on?

Pro Mach covers primary packaging (filling, capping, bottling), end-of-line systems (case packing, palletizing, shrink wrapping), labeling and coding, and flexible-materials converting. The firm maintains over 45 subsidiary brands across these segments, allowing customers to source integrated packaging lines from a single vendor.

Does Pro Mach invest outside of the United States?

While its headquarters and largest concentration of brands remain in Covington, Kentucky, Pro Mach has expanded internationally through acquisitions like Zalkin in France and other targets in the UK and Mexico. Its geographic reach follows its multinational food, beverage, and pharma customers who demand globally consistent packaging automation solutions.

How does Pro Mach's ownership structure affect its competitive posture?

Leonard Green & Partners acquired a majority stake in 2017 in a deal that people familiar with the matter valued near $2 billion. Unlike a pure financial sponsor, Leonard Green's long-duration buyout model allows Pro Mach to retain its decentralized operational architecture while providing capital for continued add-on acquisitions without the pressure of a near-term fund liquidation.

Which end-markets does Pro Mach serve through its equipment brands?

Pro Mach's machinery ends up on lines owned by multinational food producers, pharmaceutical manufacturers, consumer-goods companies, and industrial-product fabricators. Its bottling, capping, and labeling equipment, for example, serves beverage and personal-care brands, while its robotic palletizers and wrappers support e-commerce fulfillment and warehouse-automation customers.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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