November 2006
McKenna Gale provided financing to assist Keyes Packaging Group, a portfolio company of Tricor Pacific Capital, Inc., in its acquisition of Interplast Inc. as well as to assist in the refinancing of the combined business.
Based in Wenatchee, Washington, Keyes is a specialty packaging company which manufactures molded fibre trays used for the packaging of apples and other fruits and vegetables as well as specialty tissues used primarily to wrap pears. Interplast, based in Montreal, is the leading North American manufacturer of plastic egg cartons which are primarily used to package specialty eggs such as organic eggs or eggs fortified with Omega-3 or other nutrients.
McKenna Gale was selected by Tricor and Keyes as a financing partner because of our ability to provide a commitment under a tight timeline. Our surety of close and quick response resulted from our experience in focusing due diligence, our lean organizational structure and our internal decision making capability. This transaction represents the fourth investment in which McKenna Gale has partnered with Tricor.
For more information on McKenna Gale's investment in Keyes click here.
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