M&A Deal Summary

Evantic Acquires Altamira Material Solutions

On November 1, 2022, Evantic acquired plastics company Altamira Material Solutions from Edgewater Capital Partners

Acquisition Highlights
  • This is Evantic’s 1st transaction in the Plastics sector.
  • This is Evantic’s 1st transaction in the United States.
  • This is Evantic’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-11-01
Target Altamira Material Solutions
Sector Plastics
Buyer(s) Evantic
Sellers(s) Edgewater Capital Partners
Deal Type Add-on Acquisition

Target

Altamira Material Solutions

Houston, Texas, United States
Altamira Material Solutions specializes in the custom production of PTFE molding, paste extrusion, plastics machining, and fabrication. Altamira Material Solutions is based in Houston, Texas.

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Buyer(S) 1

Buyer

Evantic

Houston, Texas, United States
Category Company
Sector Manufacturing
DESCRIPTION

Evantic is a manufacturer of high-performance engineered components to the semiconductor, aerospace, energy, and industrial sectors. Evantic manufactures machined components, molded shapes, tapes, and specialty components for demanding applications. Evantic's components are offered through its Altamira, PFI, and Vertec brands. Evantic is based in Houston, Texas.

DEAL STATS #
Overall 1 of 3
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Texas) 1 of 2
Country (United States) 1 of 3
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Vertec Polymers

Houston, Texas, United States

Vertec Polymers is a designer and manufacturer of highly engineered PEEK, PPS, PTFE, PFA, and other advanced polymeric materials through its R&D laboratory and testing facility. Vertec Polymers is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Edgewater Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1982
Size Middle-Market
Type Sector Focused
DESCRIPTION

Edgewater Capital Partners is a private equity firm focused on acquiring established, lower middle-market companies. Prospective investment situations include corporate divestitures, management buyouts, and family business liquidity. The Firm's industry preferences include highly-engineered manufacturing, specialty chemicals, specialty Industrials, Life Science. Edgewater Capital Partners was formed in 1982 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 17 of 17
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 10 of 10
State (Texas) 4 of 4
Country (United States) 17 of 17
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Evantic

Houston, Texas, United States

Evantic is a manufacturer of high-performance engineered components to the semiconductor, aerospace, energy, and industrial sectors. Evantic manufactures machined components, molded shapes, tapes, and specialty components for demanding applications. Evantic's components are offered through its Altamira, PFI, and Vertec brands. Evantic is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-31 NeoGraf Solutions

Lakewood, Ohio, United States

NeoGraf Solutions is a developer and manufacturer of high-quality flexible natural and synthetic graphite, powders, and flakes used in thermal management, fire resistance, and other applications. NeoGraf provides mission-critical products that are used for heat dissipation, heat spreading, or utilized as a fire retardant additive to materials due to thinness, flexibility, low weight, and high conductivity characteristics. NeoGraf Solutions was founded in 1881 and is based in Lakewood, Ohio.

Buy -
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