Yebo Group – Exeter Street Capital Partners recapitalization targets growth in 2023
Yebo's recapitalization is of note to B2B organizations interested in customizable packaging opportunities. Orange County, CA-based, Yebo is a specialty packaging converter that provides custom graphic packaging services across multiple markets.
”Yebo" is said to be a "South African informal expression of affirmation"; a positive outlook for the custom packaging supplier’s mission and mindset.
The company serves various industries, including medical, food & beverage, and cannabis companies, and has quickly emerged as a player in cosmetics packaging. Offering multiple customizable options, including printed, embossed, debossed, or coated packaging materials, including folding cartons, corrugated, and rigid/turned-edge boxes, as well as commercial printing, the company states it has worked for the past decade to carve out a niche in the world of B2B cosmetics packaging suppliers.
"We are excited for this new partnership and the next chapter in Yebo's development," said Andrew Tosh, Yebo's Founder and CEO in a recent press release. "For over 10 years we have grown Yebo and cultivated a strong culture from the inside-out, passionate about delivering results for our customers. The Exeter team embraced this culture and will add essential resources and know-how to accelerate the growth of our platform."
Yebo has also distinguished itself as a trusted innovator providing agricultural packaging options, serving as a "pioneer in supporting California's agricultural producers and packagers as they migrate to more sustainable, fiber-based alternatives for their produce," detailed in their press release on the recapitalization.
With the recent investment by the Exeter team to grow and scale business operations, it will be exciting to see if Yebo will introduce similar sustainable fiber-based packaging options for the cosmetics and wellness industries, improved pricing structures, or enhanced material durability in the coming months.
When considering the road ahead in 2023, Franklin Staley, managing director of Exeter, affirmed his delight for the confirmed partnership with Tosh and Yebo, noting that the company "has grown rapidly and distinguished itself within crowded, competitive markets by offering superior speed, value and customer service which is second to none in this industry."