Chicago-based private investment firm Granite Creek Capital Partners, has made a new platform investment in Salem One, a provider of corporate communication solutions, including direct marketing, packaging, and logistics services.Â
Granite Creek has partnered with Phil Kelley Jr, CEO and President of Salem One, and Scott Mahoney, a long-time shareholder and previous Chairman of the company. Additionally, Baltimore-based Patriot Capital co-invested alongside Granite Creek and management.
In conjunction with Granite Creek’s investment, Granite Creek Partner Brian Boorstein and Director Jordan Liss have joined the Salem One’s Board of Directors.