December 2023 – Longmont, CO – AIM Processing of Longmont, CO has been acquired by MCM Capital Partners, a micro-cap private equity firm based in Cleveland, OH.
AIM Processing is a custom plastic injection molder specializing in small, tight-tolerance parts. In addition to small-part precision molding, the company provides overmolding, insert molding, and metal replacement services to the medical device, industrial, water treatment, government, laboratory, and veterinary industries. AIM Processing is highly technical, and focused on cutting-edge automation in its 24-hour, 7-day operation.
“We are excited to welcome AIM to the MCM Capital family. AIM’s commitment to industry-leading automation will allow them to grow more rapidly than the competition. Their technical expertise in this area is what differentiates them as one of the few manufacturers who can achieve this level of operating efficiencies for not only themselves, but their customers as well.” said Greg Ott, Senior Operating Partner at MCM Capital.
Jon Gelston, President of AIM, commented, “It was important to find a partner that recognizes AIM’s leading capabilities and passion for customer service to complement our team and help us grow into all that we are capable of. We are very fortunate to have found MCM and are excited for the opportunities this represents for our customers and our team.”
MCM has partners with lower middle market businesses to support and accelerate growth, creating opportunities for business owners and their employees.
Plastics-focused investment banking firm MBS Advisors of Florence, MA represented AIM Processing in the transaction.
Excerpts from above were taken from MCM Capital Partners press release.