Sidereal Capital Group LLC and ORIX Mezzanine & Private Equity has recapitalized Flexo Transparent LLC. No financial terms were disclosed. Buffalo, New York-based Flexo is a flexible packaging provider.
BUFFALO, NY (PRWEB) OCTOBER 05, 2015
Flexo Transparent, LLC (“Flexo” or the “Company”) announced today that it has been recapitalized with new equity capital from Sidereal Capital Group, LLC and ORIX Mezzanine & Private Equity (“ORIX”). Headquartered in Buffalo, NY, Flexo provides multi-colored flexible packaging including custom-printed rollstock, bags, pouches, and sleeves primarily for food grade and retail consumer products with a focus on private label accounts with short to medium sized production runs. The Company’s manufacturing capabilities include: flexographic printing up to 10 colors with a wide-web priority, laminations, bag and pouch converting, slitting, and graphic design support services.
Since expanding its operations in 2012 with 44,000 square feet of additional manufacturing and warehouse space, Flexo has seen improvements in its productivity leading to increased sales among existing clients as well as new accounts. “While we are proud of our historical performance, we believe that our partnership with Sidereal and ORIX will prove to be a transformative event in the history of the Company,” said Brian Mabry, President. “Ultimately, our success depends upon our ability to consistently and effectively service our clients’ needs. This new partnership provides us with the capital flexibility as well as analytical support that will allow us to continue our growth initiatives without compromising the service levels that our customers have come to expect.”
About Sidereal Capital Group, LLC
Sidereal is a boutique investment firm providing growth equity and acquisition capital to proven entrepreneurs and family-owned businesses. We have a long and successful history partnering with talented operators and providing strategic guidance, financial expertise, capital investment, and analytical and operational support to help maximize the value of their businesses. Sidereal sponsors transactions at the lower end of the middle market in value-added manufacturing and information services. For more information, please visit http://www.siderealcapital.com.
About ORIX Mezzanine & Private Equity
ORIX Mezzanine & Private Equity offers a variety of junior debt and equity financing options for lower mid- to middle-market companies throughout North America. Typical investments range from $10 million to $30 million, with the capacity to grow. Investments are in a wide variety of industries and transaction types including buyouts and acquisitions, growth financings, recapitalizations and special situations. Investing the firm’s own proprietary capital has allowed for a flexible and long term approach to investments that are often not afforded by traditional investment firms. ORIX Mezzanine & Private Equity is a business unit of ORIX USA (http://www.orix.com), a Dallas-based financial services firm known for providing innovative capital solutions that clients need to propel their business to the next level. With more than 500 employees spanning nearly 20 offices across the U.S. and Brazil, ORIX USA and its family of companies hold $6 billion of assets and manage an additional $29 billion, approximately. Its parent company, ORIX Corporation, is a Tokyo-based, publicly owned international financial services company with operations in 36 countries and regions worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX). For more information on ORIX Mezzanine & Private Equity, visit http://www.orixmpe.com.