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Mason Wells acquires direct-to-can digital printer Canworks

Milwaukee private equity firm Mason Wells has closed its acquisition of Canworks, a direct-to-aluminium-can digital printer founded in 2020, the firm announced on 14 October 2026. Financial terms were not disclosed; founders Ryan and Marshall Thompson and Canworks management retained a stake alongside Mason Wells.

Why this mattersPrivate-equity backing for what Canworks calls the largest US direct-to-can digital printer gives short-run can decoration, an alternative to labels and sleeves, capital to grow.

  • Mason Wells announced the closed acquisition of Canworks on 14 October 2026; deal value undisclosed.
  • Canworks operates five US plants: Austin (HQ), Atlanta, Vista, St Louis and Windsor.
  • Founders Ryan and Marshall Thompson and Canworks management reinvested alongside Mason Wells.
  • Ally Corporate Finance provided acquisition financing; Quarles & Brady advised Mason Wells.
  • Mason Wells has raised USD 2.4bn across five buyout funds and counts packaging materials and converting as one of four target sectors.
  • Canworks says it has printed 500 million cans for more than 700 beverage brands and also sells can ends and PakTechs.
Canworks Mason Wells counterparty
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-19 · Edited before publication: 'A format shift private equity is now consolidating' goes beyond the source; this is a single acquisition.