Guardian Capital Partners placed an investment in e-commerce distributor, marketer and service provider Flat River Group LLC.
Guardian made the investment in partnership with Flat River's executive management team, who will continue to operate the business.
Flat River Group is a Belding, Mich.-based company that provides product vendors and e-commerce retailers product sourcing, inventory management and high volume direct-to-consumer drop-shipping.
CIBC Bank USA provided senior financing, while Centerfield Capital Partners gave additional financing and minority equity. Morgan Lewis was Guardian Capital's legal adviser.
Gulfstar Group was Flat River Group's financial adviser, while Jones Day provided legal advice.