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New Deal


Announced

Completed

Aurora Capital-backed PSC Group completed the acquisition of Thermoplastics Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

United States

Friendly

Acquisition

Completed

Private Equity

Plastics

plastics manufacturer

Majority

Single Bidder

Synopsis

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Aurora Capital-backed PSC Group, a product handling and site logistics company for the refining, chemical, and marine transportation industries, completed the acquisition of Thermoplastics Services, a plastic custom compounding and pelletizing business. Financial terms were not disclosed. "This partnership will provide broader access to PSC's blue chip customer base and rapidly expand our industry-leading sustainability solutions. We look forward to bringing our specialized technology to PSC's existing high-quality service offerings and supporting our customers' goals of an increasingly circular economy across the plastics industry," Ashley Wade, TSI President.

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