The Halifax Group Recapitalizes Prairie Industries and Nu-Pak

Oak Hill Capital and CPP Investments Recapitalize Berlin Packaging

November 17, 2021

Packaging

Oak Hill Capital and CPP Investments have entered into a definitive recapitalization agreement with Berlin Packaging, with the Berlin Packaging management team (led by CEO Bill Hayes) making a significant co-investment. The recapitalization will support Berlin Packaging’s next growth stage, including expanding digital and e‑commerce capabilities, sustainability initiatives, and continued accretive acquisitions and international expansion.

Parkway Capital Recapitalizes Phoenix Feeds & Nutrition

September 8, 2021

Agriculture

Parkway Capital, the mezzanine investment arm of Calvert Street Investment Partners, provided subordinated debt to lead a recapitalization of Phoenix Feeds & Nutrition, marking the company's first institutional capital. The financing is intended to support PFN's growth initiatives and expansion of operations across New England and New York.

Shorehill Capital Recapitalizes Flexpak, LLC

August 6, 2021

Packaging

Shorehill Capital LLC completed a recapitalization of Flexpak, LLC, a Woods Cross, Utah-based value-added packaging distributor, with the transaction closing on July 30, 2021. Founder and CEO Brian Kellen and several members of management retain significant ownership and Kellen will continue as President and CEO; financing was provided by Principal Alternative Credit and GMB Capital Partners.

The Halifax Group Invests in PJ United (PJU Holdings, Inc.)

December 8, 2020

Restaurants & Hospitality

Private equity firm The Halifax Group completed an investment to recapitalize PJU Holdings, Inc. ("PJ United"), the largest Papa John’s franchisee. Halifax partnered with CEO Doug Stephens and PJ United's existing management team to support growth and operational expansion across the company's 194 stores.

Blue Sea Capital Leads Recapitalization of Innovative FlexPak

January 23, 2020

Manufacturing

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.

The Halifax Group Recapitalizes TriMech

January 7, 2020

Engineering Services

The Halifax Group completed a recapitalization of TriMech, a Richmond, Virginia–based provider of CAD and engineering design solutions, 3D printing systems, and related training, consulting, and staffing services. Halifax partnered with founder Steve Pelham and TriMech’s management team; prior owner McCarthy Capital exited its portfolio position. Terms were not disclosed.