M&A Deal Summary

Plastic Molding Technology Acquires Altratek Plastics

On April 13, 2022, Plastic Molding Technology acquired plastics company Altratek Plastics from Tide Rock Holdings

Acquisition Highlights
  • This is Plastic Molding Technology’s 1st transaction in the Plastics sector.
  • This is Plastic Molding Technology’s 1st transaction in the United States.
  • This is Plastic Molding Technology’s 1st transaction in Colorado.

M&A Deal Summary

Date 2022-04-13
Target Altratek Plastics
Sector Plastics
Buyer(s) Plastic Molding Technology
Sellers(s) Tide Rock Holdings
Deal Type Add-on Acquisition

Target

Altratek Plastics

Longmont, Colorado, United States
Altratek Plastics is a full-service custom injection molding and tooling company, based in Longmont, Colorado. Altratek Plastics is based in Longmont, Colorado.

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Buyer(S) 1

Buyer

Plastic Molding Technology

El Paso, Texas, United States

Category Company
Sector Plastics
DESCRIPTION

Plastic Molding Technology is a custom plastic heavy-gauge thermoforming company. Plastic Molding Technology offer broad capabilities including injection molding, thermoforming and extrusion coupled with technical expertise to bring forward-thinking solutions to your projects. Plastic Molding Technology is based in El Paso, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

DESCRIPTION

Tide Rock Holdings is a private holding company that looks to acquire profitable, lower middle-market businesses valued up to $30 million. Areas of interest include business services, transportation, distribution, manufacturing, and food/beverage. Tide Rock prefers businesses with recurring revenue business models, high margins, and differentiated products/services. Tide Rock Holdings was formed in 2013 and is headquartered in Cardiff, California.


DEAL STATS #
Overall 1 of 2
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Colorado) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Triad

Littleton, Colorado, United States

Triad provides facilities maintenance services specializing in servicing malls, hospitals, schools, office buildings, manufacturing facilities, and more. The Company's vast array of service offerings ensures its clients' facilities are clean, safe, and healthy. Triad is based in Littleton, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-19 Accu-Fab

Wheeling, Illinois, United States

Accu-Fab is a precision sheet metal fabrication and contract manufacturer and full solutions provider of precision sheet metal products, including powder coat finishing, and custom assembly of sheet metal services. The company serves a wide range of end markets within the security, consumer products, electronics, and automation industries, among a few. Accu-Fab is based in Wheeling, Illinois.

Buy -