Private equity companies Blue Sea Capital, Twin Bridge Capital Partners and GoldPoint Partners completed the acquisition of a majority stake in Innovative FlexPak, which manufactures packaging products. Financial terms were not disclosed. “Travis Parry, Ryan Gifford, and the rest of the company’s management team have built IFP into an outstanding company and we’re proud to support them through this next stage of growth. Blue Sea Capital has a long history in the contract manufacturing sector, and we recognized the company’s unique blend of best-in-class product formulating, manufacturing, and packaging capabilities, management’s tireless focus on customer service, and the culture of talented people that have gotten IFP to where it is today. We look forward to building on this history of success to continue the company’s impressive trajectory,” Rick Wandoff, Blue Sea Managing Partner.