Fulcrum Capital Partners Completes Sale of Belvika Trade & Packaging Ltd.
Fulcrum Capital Partners Inc. (“Fulcrum”) is pleased to announce the sale of Belvika Trade & Packaging Ltd. (“Belvika”) to Coregistics, a portfolio company of Red Arts Capital, Inc.
Belvika, based in Mississauga, Ontario, is a full-service provider of contract packaging solutions and value-added supply chain services to a wide range of blue-chip consumer packaged goods companies.
Fulcrum invested in Belvika in April 2020. “The team at Belvika has been exceptional. We are fortunate to have partnered with Mario Golias and Ted Vavouleas. The company has experienced over 250% growth in less than four years, driven by organic expansion and the successful integration of three acquisitions,” stated Paul Eldridge, Partner at Fulcrum. “Management’s skill in executing strategic initiatives, coupled with their relentless focus on customer satisfaction, has been instrumental in driving this extraordinary growth.”
“Fulcrum’s dedication to our business significantly boosted our team’s capabilities and accelerated our growth over the past four years. We are grateful to the Fulcrum team for their transparency, collaboration and trust,” said Mario Golias, President of Belvika. “Our partnership with Coregistics and Red Arts marks the start of a new chapter for our company. We are excited with the expanded capabilities and geography of the combined organization and are confident we have the right partner for our next phase of growth.”
Houlihan Lokey provided strategic and financial advice to Belvika.