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MBS Advisors 2020 Year In Review News provided by Share this article Share this article FLORENCE, Mass., Jan. 28, 2021 /PRNewswire/ -- Despite the obvious challenges in 2020, MBS Advisors wrapped up another record year. MBS completed eight plastics-related M&A transactions in 2020, including two of the largest deals in company history. Transactions include: February 2020 – Santa Fe Springs, CA – RD Rubber Technology Corporation, a manufacturer of tight tolerance molded rubber and LSR components, was acquired by California-based Engineered Polymer Industries, Inc. MBS advised RD Rubber....

Jon Carlson, president of Orchard Creek Capital. Michigan-based investment firms Auxo Investment Partners and Orchard Creek Capital LLC completed a total of five plastics M&A deals in the second half of 2020. Auxo of Grand Rapids purchased Fort Wayne, Ind.-based Paramount Tube Engineered Solutions, Cleveland-based Euclid Medical and GC Dies LLC of Elmhurst, Ill. Paramount Tube and Euclid Medical both operate under the brand Precision Products Group Inc. PPG CEO Dave Hooe will continue in that role. Paramount Tube makes small-diameter, spiral-wound and extruded tubular products for electric mo...

Investment firm buys three plastics processors Carlson A Michigan-based private equity firm has started a strategy to buy U.S. plastics processors and has already purchased three companies. Northville, Mich.-based Orchard Creek Capital LLC started with Classic Die Inc. in Grand Rapids, Mich., and in the past two months has added Tool Technology Corp. in Inman, S.C., and Advantage Plastics of New York Inc. in Winter Haven, Fla. Orchard Creek is headed by President Jon Carlson, who has a background in financial management in manufacturing, including 10 years at Ford Motor Co. "We believe that ...