M&A Deal Summary

Rogers Acquires Griswold

On July 9, 2018, Rogers acquired plastics company Griswold from Strait Lane Capital Partners

Acquisition Highlights
  • This is Rogers’ 1st transaction in the Plastics sector.
  • This is Rogers’ 4th transaction in the United States.
  • This is Rogers’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2018-07-09
Target Griswold
Sector Plastics
Buyer(s) Rogers
Sellers(s) Strait Lane Capital Partners
Deal Type Add-on Acquisition

Target

Griswold

Moosup, Connecticut, United States
Griswold is a manufacturer of custom-engineered cellular elastomer and high-performance polyurethane. Griswold’s products and solutions serve a variety of applications in the general industrial, electronics, automotive and consumer markets.

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Buyer(S) 1

Buyer

Rogers

Chandler, Arizona, United States
Category Company
Founded 1832
Sector Electronics
Employees3,350
Revenue 803M USD (2020)
DESCRIPTION

Rogers develops and manufactures high performance specialty materials focusing on the wireless communications and computer markets. Rogers was founded in 1832 and is based in Chandler, Arizona.

DEAL STATS #
Overall 7 of 8
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Connecticut) 1 of 1
Country (United States) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 Diversified Silicone Products

Santa Fe Springs, California, United States

Diversified Silicone Products, Inc. is a custom silicone product development and manufacturing business.Diversified Silicone Products, Inc., include solid and cellular (sponge) precision-calendered silicones and specialty extruded silicone profiles. These materials serve a wide range of high reliability applications across many market segments, including general industrial, aerospace, automotive and life sciences.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-08 Silicone Engineering

Blackburn, United Kingdom

Silicone Engineering is a manufacturer and supply of silicone rubber for sealing, insulation and protection of applications in a wide range of industrial sectors. Silicone Engineering is based in Blackburn, United Kingdom.

Buy -

Seller(S) 1

SELLER

Strait Lane Capital Partners

Investor Investor Investor Investor

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

Strait Lane Capital Partners is a private investment firm focused on acquiring entrepreneur or family-owned companies as well as corporate divestitures. The Firm is operationally oriented and generally pursues US-based, profitable companies with at least $2 million of EBITDA. Areas of interest include manufacturing, business, and technology. Strait Lane Capital Partners was formed in 2009 and is headquartered in Dallas, Texas.

DEAL STATS #
Overall 2 of 4
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Connecticut) 1 of 1
Country (United States) 2 of 4
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Arise Virtual Solutions

Miramar, Florida, United States

Arise Virtual Solutions is a pioneer of on-demand customer management business process outsourcing solutions. Arise powerful cloud-based platform connects companies needing customer engagement and other business services to a virtual nationwide network of work-at-home Service Partners running small call center businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-05 Boss Industries

LaPorte, Indiana, United States

Boss Industries is a provider of power take-off (PTO) rotary screw air technology, offering a full line of vehicle-integrated compressors as well as natural gas booster and vapor recovery systems. Boss Industries was founded in 1988 and is based in LaPorte, Indiana.

Sell -
Mergr

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