Vance Street Capital, a Los Angeles-based private equity firm, announced the acquisition of Applied Plastics, a leading advanced coatings provider to the medical end markets. Financial terms were not disclosed. This is Vance Street’s sixth investment out of Vance Street Capital II L.P., and its fourth investment in the medical space in the past three years. “We are excited to partner with Vance Street as we look toward our next chapter of growth. Vance Street’s highly relevant investing and operating experience in the medical manufacturing space made them the ideal partner to help Applied execute on the exciting growth we see across our customer base.” Dave Ring, Applied CEO.