M&A Deal Summary

PSI Molded Plastics Acquires Precision Southeast

On December 6, 2017, PSI Molded Plastics acquired plastics company Precision Southeast from Gladstone Investment

Acquisition Highlights
  • This is PSI Molded Plastics’ 1st transaction in the Plastics sector.
  • This is PSI Molded Plastics’ 1st transaction in the United States.
  • This is PSI Molded Plastics’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2017-12-06
Target Precision Southeast
Sector Plastics
Buyer(s) PSI Molded Plastics
Sellers(s) Gladstone Investment
Deal Type Merger

Target

Precision Southeast

Myrtle Beach, South Carolina, United States
Precision Southeast is an injection molder that designs sophisticated molds and manufactures highly engineered molded plastic products using a variety of resins. Precision Southeast was founded in 1980 and is based in Myrtle Beach, South Carolina.

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Buyer(S) 1

Buyer

PSI Molded Plastics

Wolfeboro, New Hampshire, United States

Category Company
Sector Plastics
DESCRIPTION

PSI Molded Plastics is a manufacturer of medium to large, customized and highly aesthetic plastic injection molded products utilizing structural foam, gas assist, and straight injection processes. PSI Molded Plastics is based in Wolfeboro, New Hamphire.


DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Merger) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

DESCRIPTION


DEAL STATS #
Overall 2 of 4
Sector (Plastics) 1 of 1
Type (Merger) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 2 of 4
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-28 ImageWorks

Winston-Salem, North Carolina, United States

ImageWorks is a point-of-purchase display provider specializing in the design, engineering and production of custom semi-permanent and permanent displays across a variety of brands and consumer product end markets. ImageWorks was founded in 1996 and is based in Winston-Salem, North Carolina.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 Educators Resource

Mobile, Alabama, United States

Educators Resource is a wholesale distributor of school supplies and K-12 supplemental teaching materials to market leading e-retailers and brick-and-mortar stores nationwide. Educators Resource is based in Mobile, Alabama.

Buy -