Pittsburgh, PA – September 22, 2021: Tail End Capital Partners (“Tail End”) and Namakor Holdings (“Namakor”) completed a GP-led secondary transaction. Tail End provided existing shareholders with liquidity, increased Namakor’s ownership of Gelpac, Inc. (“Gelpac” or the “Company”) and provided the Company with growth capital for acquisitions. Paul Cohn, Managing Partner of Tail End said that “Tail End is excited to partner with Namakor to provide a compelling solution for shareholder liquidity along with dry powder to enable the continued growth of Gelpac, a world class company.” Gelpac is a premier North American supplier of high-performance packaging solutions, enabling its clients to preserve and prolong the life of their products.  Founded in 1956 in Quebec, Canada, the company focuses on fully recyclable packaging solutions including the development and manufacturing of complex multiwall paper bags with polyethylene liners. Namakor, a private equity independent sponsor, led the acquisition of Gelpac in 2017.  Tail End worked with Namakor to repurchase shares from a minority investor in the Company and provide capital for future acquisitions.  Stéphane Huot said, “Tail End offered a creative solution to provide liquidity for an existing shareholder and commit growth capital to Gelpac.” Alain Robillard, Gelpac President and General Manager, said, “This transaction solidifies our investor base and provides us with access to additional capital that will accelerate our growth while maintaining the high customer satisfaction we are known for.”