Private Equity
Flexible packaging converter and printer Flexo Transparent LLC plans to grow with the support of new shareholders. Two private equity companies have injected capital into Flexo, a Buffalo, N.Y., producer of multi-colored rollstock, bags, pouches and sleeves for food grade and retail consumer products. Sidereal Capital Group LLC of Chatham, N.J., and Orix Mezzanine & Private Equity of Dallas have acquired an undisclosed equity stake in Flexo. Terms of the deal were not released. “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...