Eight Directions Technology Limited Announces Entering into an Agreement and Plan of Merger with Quartzsea Acquisition Corporation
Quartzsea Acquisition Corporation→Eight Directions Technology Limited
May 14, 2026

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Butterfly Equity has completed its acquisition of ePac Holdings, a digitally printed flexible packaging producer. ePac was founded in 2016 and is headquartered in San Diego, California, with sites globally.
Butterfly says ePac will operate as its first platform investment into the packaging market, focused on food and beverage end markets. ePac offers automated quoting and fast turnarounds for pouches, bags, and sachets. CEO and co-founder Virag Patel and the incumbent leadership team will continue to run the business and retain significant ownership.
The seller consortium included Amcor and Indevco North America.
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