Announced
Financials
Tags
thermoplastic components
Acquisition
Domestic
Friendly
United States
Private
Pending
Diversified Materials
Majority
Private Equity
Synopsis
Blue Point-backed VRC Engineered Solutions, an engineering and polymer technology company, agreed to acquire Cascadia Custom Molding, a thermoplastic components provider. Financial terms were not disclosed. “Uniting the respective company visions and leveraging their combined capabilities, services, technologies and expertise across all locations will offer significant benefit to our customers. The geographic and end market expansion, along with the potential for cross-selling opportunities, makes the combined company well-positioned for growth,” Jonathan Pressnell, Blue Point Partner.
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