Blue Sea Capital Leads Recapitalization of Innovative FlexPak
January 23, 2020
Blue Sea Capital, alongside Twin Bridge Capital Partners, GoldPoint Partners and founder Travis Parry, completed a recapitalization of Innovative FlexPak (now referenced as Innovative Labs) to position the company for growth. Headquartered in Springville, Utah, Innovative FlexPak is a contract manufacturer and formulator of single‑serve and multi‑dose ingestible health and wellness products with over 350 employees; the deal funds organic expansion and potential add‑on acquisitions while management retains a significant ownership stake.
- Buyers
- Blue Sea Capital, Twin Bridge Capital Partners, GoldPoint Partners, Travis Parry
- Targets
- Innovative FlexPak (Innovative Labs)
- Industry
- Manufacturing
- Location
- Utah, United States
- Transaction Type
- Recapitalization
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