December 2023 – Swanzey, NH – MoldPro Inc. of Swanzey, NH has been acquired by Canadian company Plastifab Industries, a portfolio company of Regimen Equity Partners.
Gary Barnard started MoldPro out of his garage with just one machine in 1989. The company has grown steadily over the years and now serves hundreds of customers across the globe. MoldPro is a custom injection molder with a proprietary line of labware that includes over 40-part numbers and can be found in catalogs such as Fisher Scientific, Thermal Scientific, amongst many others.
Plastifab Industries, a leader in the plastics manufacturing industry, specializes in providing cutting-edge solutions in the field of plastic extrusion, injection, and secondary operations.
Ryan Antoniadis, Plastifab’s CEO, commented, “This expansion reflects our commitment to meeting and exceeding the needs of our growing North American client base… by expanding our market capabilities and reinforcing Plastifab’s footprint in the injection molding space.”
Regimen is a private equity firm specializing in the ownership transition of small to mid-size Canadian organizations. By partnering with skilled executives, Regimen transforms profitable enterprises into industry leading players through strategic acquisitions and best management practices.
Excerpts from above were taken from a news release on the Regimen Equity Partners’ website and an article in Plastics News.
Plastics-focused investment banking firm MBS Advisors of Florence, MA represented MoldPro in the transaction. Financial details were not disclosed.