Vance Street Capital recently announced the acquisition of micro-molded plastic component maker Plastic Design Company for an undisclosed amount.
Scottsdale, Ariz. Based Plastic Design Company (PDC) is a subcontractor with micro-molding and micro-on-macro capabilities, as well as injection compression and overmolding capabilities for device OEMs. medical.
âVance Street’s long and impressive track record of successfully partnering with family businesses in the medical component manufacturing arena has made it the ideal partner for PDC’s next chapter of growth,â said Mark Kinder, president of PDC, in a press release. âFinding a partner who could come in and provide not only growth-oriented resources, but also a partner who values ââthe technology and the employee base that we have built up over the past decades has been an important decision-making factor in the process. looking for our next partner. Vance Street has truly understood and respected these aspects of our business.
Vance Street has also partnered with other medical technology companies focused on the interventional and advanced surgery markets, including Applied Plastics, Motion Dynamics, and Wytech Industries.
âWe are honored to partner with the Kinder family during the exciting next phase of the business,â said Mike Janish, Managing Partner at Vance Street. âThis transaction is another example of our strategy of partnering with family businesses that are industry leaders with a collaborative technical customer approach to serve the interventional and advanced surgical components markets. “