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Sector

Niche Manufacturing

Industry

Specialty Packaging

Transaction Type

Majority Recapitalization

Status

Current Investment

Lead Partner

Business Description

Headquartered in Frankston, TX, Frankston Packaging is a full-service manufacturer of custom and stock packaging solutions. The company makes custom and stock folding cartons, flexible packaging (e.g., pouches, shrink sleeves, overwraps), pressure sensitive labels, and corrugated boxes, among other products. Company serves a variety of end markets, including concessions, foodservice, pharmaceuticals, medical/nutraceuticals, and general retail.

Transaction Overview

KLH recapitalized the business providing a partial liquidity event for the two owners and aligning management with experienced partners capable of providing the capital and expertise needed to grow the business.