Huron Capital Partners has recapitalized Bloomer Plastics Inc., a Wisconsin-based manufacturer of cast extruded plastic films used in high-performance industrial, medical, and consumer markets. The company becomes the 8th platform in Huron’s Fund III, the firm said. Terms were not released.
Huron is pleased to announce its latest platform investment, Bloomer Plastics, Inc. Bloomer is a Wisconsin-based manufacturer of cast extruded plastic films used in high performance industrial, medical, and consumer markets. Known for its custom engineering and superior quality, Bloomer sells to customers around the world.
Bloomer becomes the 8th platform in Huron’s Fund III, and we’re excited to work with the Bloomer team to grow the business together.
About Huron Capital Partners LLC
Huron Capital is one of the leading operationally-focused private equity firms investing in lower middle-market companies. The firm typically invests up to $70 million to sponsor buyouts, growth initiatives, corporate spin-offs, and recapitalizations of niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron seeks opportunities where it can help companies reach their full potential by combining its operational approach, capital, and transaction experience with proven operating executives who have the vision, experience, and commitment to grow their businesses.
Founded in 1999, Huron has acquired or invested in 57 companies with aggregate revenues in excess of $1 billion. Investments have been made in the USA and Canada in a variety of areas, including document management, education, healthcare products & services, specialty chemicals, specialty packaging, consumer products & apparel, home decor, engineering services, food & beverages, office furniture components, and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. The firm has consistently generated top-quartile returns for its limited partners.