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CIBC US MIDDLE MARKET INVESTMENT BANKING ADVISES PFI INSTORE ON ITS SALE TO ONWARD CAPITAL AND MERIT CAPITAL PARTNERS

CIBC US MIDDLE MARKET INVESTMENT BANKING ADVISES PFI INSTORE ON ITS SALE TO ONWARD CAPITAL AND MERIT CAPITAL PARTNERS

Milwaukee, Wisconsin, December 8, 2023 – CIBC US Middle Market Investment Banking is pleased to announce that its client, PFI InStore (“PFI” or the “Company”), a portfolio company of Capital For Business, Konza Valley Capital, Inc., MidStates Capital L.P., Diamond State Ventures, and Northcreek Mezzanine has been acquired by Onward Capital (“Onward”) and Merit Capital Partners (“Merit”). CIBC US Middle Market Investment Banking acted as exclusive financial advisor to PFI in this transaction.

PFI is a designer and manufacturer of custom merchandising solutions for consumer packaged goods companies, retailers, and agencies. The Company is a one-stop shop for temporary, semi-permanent, and permanent point-of-purchase displays and fixtures made from wire & metal, plastic & acrylic, wood, and corrugated.

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