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Synopsis
Nautic Partners, a private equity firm completed the acquisition of Spartech, a manufacturer of plastic packaging products from Arsenal Capital Partners, a middle-market focused private equity firm. Financial terms were not disclosed. Spartech is a manufacturer of specialized acrylics and other engineered extruded plastics used in a variety of applications and end markets including aerospace & defense, healthcare, industrial, automotive, consumer goods, and packaging. “We are excited to work with the Nautic team as we enter the next phase of Spartech’s growth. Nautic shares our vision of growing this brand, investing in new products, and further enhancing our customer experience. We are proud of our strong customer relationships today and are confident that they will only improve as a result of this new partnership.” John Inks, Spartech COO.
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