Corridor Capital has successfully sold Innovative Office Products LLC to a consortium led by Cathay Capital, Norwest Mezzanine Partners, and ORIX Mezzanine & Private Equity, following a period of significant growth and innovation.

Overview of Innovative Office Products

Innovative Office Products LLC, commonly referred to as Innovative, is a leading designer, manufacturer, and distributor of ergonomic products tailored for office, retail, and commercial point-of-sale (POS) as well as healthcare environments. The company's extensive product line includes monitor arms, audio-visual equipment mounts, POS systems, sit-stand workstations, and various complementary accessories. These products are marketed under multiple brand names, including Innovative, Ergotech, and various private label brands, and are distributed through a diverse range of domestic and international channels.

Over the past four years, Corridor Capital played a pivotal role in facilitating Innovative's growth. Through strategic investments in sales and marketing, product development, and acquisitions, it enabled the company to enhance its offerings and market presence significantly. The emphasis on innovation and quality has allowed Innovative to maintain strong customer satisfaction and operational efficiency.

Industry Overview in the United States

The ergonomic product industry has seen robust growth in the United States, driven by increasing awareness of workplace wellness and employee productivity. As businesses increasingly prioritize employee health, ergonomic produc