Gen Cap America Acquires Frontier Packaging

Gen Cap America, a Nashville-based private equity firm, has acquired Frontier Packaging, Inc., a Tukwila, Washington-based manufacturer and distributor of seafood packaging, in partnership with Frontier's management. Gladstone Investment Corporation exited its investment in Frontier as part of the transaction; terms were not disclosed. Gen Cap said the acquisition will support Frontier's next phase of growth serving seafood processors across the Pacific Northwest and Alaska.