Fall is bringing changes to Molding Business Services.We are pleased to announce that effective October 1, 2017, Jonathan Soucy has stepped into the role of President at MBS. We are thrilled to see Mr. Soucy in this new role, and happy to welcome former president, Terry Minnick, to the position of Chairman. Mr. Soucy spent… Read more »
Molding Business Services is pleased to announce that it served as the exclusive sell-side advisor to ProPlas Technologies and Sajar Plastics. ProPlas was acquired by Comar, a Graham Partners portfolio company. Sajar was acquired by Universal Plastics of Holyoke, MA.
INTRODUCTION Fueled by historically low interest rates, private equity investment in the molding industry is at record highs. We have seen numerous high profile buyouts announced on the newswires in the last 2-3 years. So far in 2017, the following noteworthy companies have all been acquired or recapitalized in private equity sponsored transactions: R&D Molders,… Read more »
According to a recent survey conducted by MAPP, 92 percent of plastics processing executives say that workforce development is the top issue for 2017. Click here to read the entire article in Plastics News.
Molding Business Services is pleased to announce that it served as the exclusive sell-side advisor to Richardson Molding Incorporated in its January 2017 sale to Owner Resource Group. Click here to learn more.
There are a variety of factors that affect the value of a molding business and influence its ultimate selling price. One of the most significant is customer concentration; specifically, having one customer account for more than 30% of revenue. In general, having one client dominate the majority of any business presents increased risks and will… Read more »
Molding Business Services is pleased to announce that it served as the exclusive sell-side advisor to the Bemis Manufacturing Company and Precision Tool and Die transactions that closed in October 2016.
Meadville, PA – June 27, 2016 – Prism Plastics, Inc. of Chesterfield, MI has acquired Tech Molded Plastics of Meadville, PA. Family owned and operated in Northwestern Pennsylvania for nearly 43 years, Tech Molded Plastics makes small precision parts for automotive, aerospace and electronics end-markets. It utilizes 36 injection presses from 33 to 440 tons of… Read more »
Molding Business Services is pleased to announce three M&A transaction closings during the week of March 7th, 2016, including the company’s 75th successful sell-side engagement since 1998. The first closing, which took place on March 8th, involved the sale of LM Contract, a privately-owned Canadian entity with a precision automotive molding subsidiary in Saltillo, Mexico. This… Read more »
Molding Business Services recently completed its first M&A deal of 2016 and its 72nd transaction overall. Aucilla, Inc. of South Bend, IN was acquired by Plastic Molding Manufacturing of Hudson, MA on January 15, 2016. MBS served as financial advisor to Aucilla. “We believe this is an ideal combination for both companies.” said MBS Founder and President, Terry Minnick. The… Read more »
Molding Business Services participated, exhibited and spoke at the MAPP conference in Indianapolis a few weeks ago. MAPP (Manufacturers Association of Plastics Processors) is a trade group consisting of privately-owned injection molding companies and other plastics processors. The annual Benchmarking Conference is an event where molding industry professionals can learn, network and share best practices…. Read more »
Terry Minnick & Andrew Munson, partners with MBS, gave a presentation at the Plastics News Financial Summit in Chicago in early June about “What Not to Do When Selling a Molding Company.” The presentation was very well received and recently quoted in Plastics News. Click here to view the article: