GREENWICH, Conn., June 08, 2015 — We are pleased to announce that Southfield Mezzanine Capital has led a unitranche refinancing for Innovative FlexPak, LLC ("IFP"), with Convergent Capital co-investing alongside us in the financing. IFP, based outside of Salt Lake City, is a rapidly growing manufacturer of flexible packaging and bottling solutions for the nutritional supplements industry. IFP offers customers turn-key solutions to formulate, source, manufacture, package and ship a broad range of liquid, puree and gel nutraceutical products. Our investment supported the recapitalization of IFP to position the company for further growth. IFP is a portfolio company of Black Oak Capital Partners.
Contact:
Steven A. Axel
saxel@southfieldmezz.com
T 203-813-4105
Eric J. Sloane
esloane@southfieldmezz.com
T 310-494-6400
Stephen J. Diverio
sdiverio@southfieldmezz.com
T 203-813-4110
Derrick H. Yu
dyu@southfieldmezz.com
T 203-813-4108