Molded Dimensions has Acquired GlobalTech Plastics
The Partners of ShoreView are pleased to announce that Molded Dimensions, LLC (“Molded Dimensions”), a ShoreView portfolio company, has acquired GlobalTech Plastics, LLC (“GlobalTech”).
Headquartered in Fife, Washington, GlobalTech manufactures highly engineered injection molded plastic products. GlobalTech’s core end markets include medical, transportation, and electronic enclosures. The acquisition adds plastic expertise to Molded Dimensions and expands the company’s customer base and capabilities.
Molded Dimensions is a supplier of precision rubber, urethane, and plastic components. The Company’s products are used as vital components (seals, gaskets, rollers, wheels) in industrial equipment. Molded Dimensions has a diverse customer base, operating in a wide variety of end markets including marine, water treatment, transportation, and medical.
ShoreView and Molded Dimensions continue to seek additional add-on opportunities. For more information on Molded Dimensions visit its website at www.moldeddimensions.com.
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures a variety of acquisition, recapitalization, and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.