MPE Partners Acquire PCI
MPE Partners (MPE) has acquired Plastic Components, Inc. (PCI) of Germantown, Wisconsin. The transaction was facilitated by Stout Risius Ross, Inc. (Stout), a Chicago, Illinois-based advisory firm specializing in investment banking.
PCI, founded in 1989 by Tom Duffey, is a world-class, technology-driven manufacturer of highly engineered and high precision injection molded components. The company supplies parts and components to blue-chip customers across the plumbing, small engine, automotive, filtration, consumer products, controls and other end markets.
"We couldn’t be more excited about our partnership with MPE,” said Tom Duffey, president of PCI. "With their strategic support, significant industry experience, and capital, PCI will be well-positioned for continued growth while maintaining our 'do it better' culture and continuing to provide our customers with the highest quality products and service."
MPE has offices in Boston, Massachusettes, and Cleveland, Ohio.
Stout served as exclusive financial advisor to PCI in connection with this transaction. Michael Benson, a managing director of Stout, led the execution of the transaction. Michael Molling, Eric Ng, and Ellen Rogers assisted on the deal.
For more information, visit www.srr.com/industries/plastics.