Centerfield Capital Partners has made an investment to support Guardian Capital Partners’ buyout of Belding, Michigan-based Flat River Group, a distributor of consumer products. No financial terms were disclosed.
Centerfield is pleased to announce its investment in Flat River Group, LLC, an eCommerce distributor, marketer and service provider focused on niche and mainstream consumer products. Centerfield supported the acquisition of the company by Guardian Capital Partners (www.guardiancp.com), providing subordinated debt and an equity co-investment to finance the transaction.
Headquartered in Belding, MI, Flat River (www.flatrivergroup.com) is an industry-leading value-added distributor of consumer products. Flat River primarily focuses on board games, card games and specialty toys, acting as a product category manager, vendor and fulfillment arm to the major eCommerce platforms in the US and Canada. The company’s capabilities include product sourcing, inventory management, warehousing, order fulfillment and high volume drop shipping.
Centerfield Capital Partners Overview
Founded in 1998, Centerfield Capital Partners is a national provider of flexible junior capital to lower middle market companies. We work closely with financial sponsors (funded and independent), management teams and business owners who seek a combination of subordinated debt and equity financing to build companies. Centerfield is investing out of its fourth fund (CCP IV-SBIC, L.P. and Centerfield Capital Partners IV, L.P.), totaling $335 million.