M&A Deal Summary

Daboosh Investments Acquires NewBold PlasticCards

On December 26, 2022, private equity firm Daboosh Investments acquired manufacturer NewBold PlasticCards from NewBold

Acquisition Highlights
  • This is Daboosh Investments’ 1st transaction in the Manufacturing sector.
  • This is Daboosh Investments’ 3rd transaction in the United States.
  • This is Daboosh Investments’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2022-12-26
Target NewBold PlasticCards
Sector Manufacturing
Buyer(s) Daboosh Investments
Sellers(s) NewBold
Deal Type Divestiture

Target

NewBold PlasticCards

Greenville, South Carolina, United States
NewBold PlasticCards is a manufacturer of blank white and colored plastic cards in North America. PlasticCards can produce a variety of cards for several applications such as hotel keys, access cards, identification cards, and retail/gift cards. PlasticCards predominately produces graphic quality cards, but can produce a full product line of plastic cards including PVC/ PET composite, utility stress, super stress, RFID, and cards collated with a magnetic stripe overlay. NewBold PlasticCards is based in Greenville, South Carolina.

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Buyer(S) 1

Buyer

Daboosh Investments

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Daboosh Investments is a private investment firm focused on acquiring lower middle-market companies in the Midwest US. Daboosh Investments was formed in 2009 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 Generx Generators

Oldsmar, Florida, United States

Generx Generators provides residential homeowners and businesses with all their standby electric power solutions that sell, install, service, and maintain Generx generators. Generx Generators was established in 2005 and is based in Oldsmar, Florida.

Buy -

Seller(S) 1

SELLER

NewBold

Greenville, South Carolina, United States
Category Company
Founded 1994
Sector Information Services
DESCRIPTION

NewBold is an international provider of products and services enabling the implementation of identification and infrastructure technology solutions. NewBold Plastics is the largest manufacturer of blank plastic cards in North America. NewBold Technologies is a Managed Services Provider (MSP) specializing in POS systems and other retail, dining, supply chain and healthcare infrastructure technologies. NewBold is based in Greenville, South Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-06 JR s POS Depot

Coral Springs, Florida, United States

JR’s POS Depot specializes in providing custom solutions and services for the financial transaction industry. Some of the services it provides include key encryption, programming, and custom deployment. JR's also offers new and remanufactured Point of Sale equipment from various, major OEMs. JR's POS Depot was formed in 2000 and is based in Coral Springs, Florida.

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