Cleary Gull Inc. advises Innovative Office Products, LLC, a portfolio company of Corridor Capital in its sale to Cathay Capital, Norwest Mezzanine Partners and Orix Mezzanine & Private Equity
Milwaukee, Wisconsin, February 27, 2018 – Cleary Gull Inc. is pleased to announce that Innovative Office Products, LLC (“Innovative”), a portfolio company of Corridor Capital, has been acquired by Cathay Capital, Norwest Mezzanine Partners (“Norwest or NMP”) and ORIX Mezzanine & Private Equity (“ORIX”). Cleary Gull acted as exclusive financial advisor to Innovative in this transaction.
Innovative designs, manufactures and distributes ergonomic products and accessories used in office, retail and commercial point-of-sale (“POS”) and healthcare applications and workspaces. Its products, which include monitor arms, sit-stand workstations, audio-visual equipment mounts, POS systems and related accessories, are sold under Innovative, Ergotech and private label brands through multiple domestic and international channels.