Kian Capital has invested $4.0 million in senior subordinated debt in SunBelt Packaging, LLC to bolster its working capital and expansion efforts in the industrial packaging sector.

Target Company Overview

Kian Capital has successfully invested $4.0 million in senior subordinated debt for SunBelt Packaging, LLC (“Sunbelt” or the “Company”) aimed at bolstering the Company’s working capital alongside its expansion efforts. Situated in York, South Carolina, SunBelt stands as a premier distributor of flexible industrial packaging materials, bulk containers, and automated packaging equipment.

The Company caters to industrial and commercial end-users involved in manufacturing, transporting, or storing products across various sectors, including general manufacturing, food production, and mining. SunBelt's offerings are integral for sealing boxes, wrapping products in protective films, minimizing friction or wear, securing items for transportation, and facilitating the carrying or stacking of heavy materials during production or transit.

Industry Overview

In recent years, the industrial packaging sector in the United States has exhibited significant growth, driven by the increasing demand for efficient and sustainable packaging solutions. As industries evolve and face new challenges, the need