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Announced

Completed

ICG completed the acquisition of Seaway Plastics Engineering.

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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United States

Single Bidder

Acquisition

plastic moulds

Majority

Friendly

Plastics

Private Equity

Cross Border

Completed

Private

Synopsis

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ICG, a private equity investment firm, completed the acquisition of Seaway Plastics Engineering, a plastics engineering and low volume injection molding company. Financial terms were not disclosed. “I am immensely proud of all the success Seaway has seen in its nearly 40-year history. We have enjoyed working with Tonka Bay over the past several years and look forward to partnering with ICG to further strengthen our sales coverage, product capabilities, and production capacity,” Tom Orr, Seaway CEO.

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