Announced
Completed
Synopsis
Private equity firm Sole Source Capital completed the acquisition of Dallas Plastics, a manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities. Financial terms were not disclosed. "Our team identified the flexible packaging space as an area of focus for Sole Source due to its attractive end markets – primarily medical and food – and with its strong track record of integrity and customers-first mentality, Dallas Plastics is the right cultural fit for our Firm. This is Sole Source's 12th transaction since inception and further validates our model and position as a preferred partner for leading private companies. We look forward to working closely with the Dallas Plastics team to implement management's vision of investing in technology and additional capacity, while growing the business through acquisitions," David A. Fredston, Sole Source Capital Managing Partner.
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