Shorehill Makes Strategic Investment in Flexpak

The private equity firm announced it has invested in the Utah-based distributor of packaging supplies.
flexpak-truck-infront-of-building

Shorehill Capital LLC announced the recapitalization of Flexpak LLC, a Woods Cross, Utah-based distributor of packaging supplies. Financial terms of the deal weren’t disclosed.

The investment, which was made in partnership with the company’s management team and Brian Kellen, Flexpak’s founder and CEO, closed on July 30.

Flexpak’s products include stock and custom corrugated boxes, polybags, stretch wrap, shrink film, foam, cushioning, mailers and other related packaging supplies. The company primarily serves the food, health care, biotechnology, industrial, and consumer products industries across Utah and Idaho.

“I am beyond excited to have found a partner that truly understands and appreciates our business, go-to-market strategy, and ongoing investment in our employees and customers,” said Kellen, who will continue to lead Flexpak as president and CEO and as a member of the company’s board of directors. “My management team and I look forward to the next chapter of growth alongside the Shorehill team.”

Added Charlie Denison, Shorehill’s managing director: “Shorehill is thrilled to partner with Brian Kellen and the Flexpak management team to accelerate pursuit of several attractive organic and inorganic growth opportunities. We look forward to a successful partnership with a dynamic team that is known for its best-in-class customer service and innovative packaging solutions.”

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.