Fulcrum Capital Partners Makes Growth Investment in Belvika Trade & Packaging
Fulcrum Capital Partners Inc. (“Fulcrum”), a private equity firm focused on the middle market, is pleased to announce it has completed a strategic growth investment in Belvika Trade & Packaging Ltd. (“Belvika”), a rapidly growing provider of outsourced packaging services primarily for consumer packaged goods companies in the confectionery and snack foods end markets. The investment in Belvika marks the eleventh platform investment from Fulcrum’s Private Equity Fund V.
Established in 1993, Belvika is a full-service provider of contract packaging solutions. From its main facility in Mississauga and at select customer sites, Belvika provides primary packaging, secondary packaging and merchandising services for a wide range of consumer packaged goods companies. The business will continue to be run by its seasoned management team who will build on their tremendous track record of growth and customer satisfaction.
“Belvika is proud to partner with Fulcrum,” said Mario Golias, President of Belvika. “The partnership with Fulcrum complements our culture and will help accelerate the execution of our growth strategy. We look forward to working alongside Fulcrum as we expand on Belvika’s industry leading position and continue to satisfy the needs of both current and prospective customers.”
Paul Eldridge, Partner of Fulcrum, said, “We are thrilled to invest in Belvika. The company’s track record of growth and stellar reputation has been fueled by a culture dedicated to the highest levels of customer service. Fulcrum is committed to supporting the Belvika team as the Company executes on its multiple growth opportunities.”