In December 2005, MCP Fund II led a leveraged recapitalization of Recycled Paper Greetings. RPG designs, manufactures and distributes a humorous and affectionate line of everyday and seasonal greeting cards and other social expression products throughout the U.S. and Canada. RPG sells over 100 million cards to over 17,500 retail stores in the U.S. and Canada through most major channels of distribution including mass merchandisers, chain drug stores and supermarkets.
In February 2010, American Greetings acquired RPG.
Date of Investment: December 2005
Date of Exit: February 2009
Web Site: www.recycledpapergreetings.com