Midwest Folding Products
Midwest Folding Products, Inc.
Fund: I
Investment Date: April 1997
Exit Date: February 2003
Headquarters: Chicago, Illinois
Midwest Folding Products, Inc. (“Midwest”), headquartered in Chicago, is a leading manufacturer of institutional furniture. The bulk of Midwest’s sales are derived from two principal product lines, mobile tables and folding tables. The majority of Midwest’s products are sold to schools, hotels and other institutions.
Merit provided subordinated debt and preferred stock used to finance the recapitalization.