MPE Partners announced the recapitalization of Plastic Components, Inc., a leading manufacturer of highly engineered and high precision injection molded components for mission critical applications in the plumbing, small engine, automotive, filtration, consumer products, controls, and other end markets.

MPE partnered in the transaction with owner and CEO, Tom Duffey, as well as the senior management team.  Karen Tuleta, Partner at MPE, said, "Since its founding in 1989, PCI has developed a reputation for innovation, superior quality, collaborative technical support, and exceptional customer service."  Matt Yohe, Principal at MPE, said, "We look forward to helping PCI accelerate its growth through both organic initiatives and strategic acquisitions."

Tom Duffey added, "We were very selective in choosing an investment partner for PCI and believe MPE will be a great steward for the Company.  MPE will bring capabilities, resources, and capital to PCI to support our next chapter of growth."

BakerHostetler served as legal advisor to MPE.  Stout Risius Ross, Inc. acted as the investment banking advisor to PCI.

 

Source: prnewswire.com

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