Lee Equity Partners and BlackBern Partners have invested in Westfall Technik. Financial terms weren’t announced. Westfall, of Chandler, Arizona, is a holding company that provides plastic manufacturing services to the medical, packaging and consumer goods industries. Westfall has since acquired Fairway Injection Molds Inc and Integrity Mold Inc.
Walnut, California and Phoenix, Arizona – October 26, 2017 – Fairway Injection Molds, Inc. and Integrity Mold Inc. have been acquired by Westfall Technik, Inc., a newly formed global holding company, which provides highly productive plastics manufacturing solutions to serve. Westfall Technik was founded by Brian Jones, who has 30 years of executive experience in the plastics manufacturing industry. Both companies have premier customers and are committed to uncompromising operational excellence and customer service in their fields.
These acquisitions are the first steps in the realization of a vision to build a market-leading group of plastics experts whose combined synergies and integrated network provides optimum engineered solutions throughout the plastics manufacturing process.
Westfall Technik brings the most advanced technology and processes to market by partnering with only the high-performing plastic solution providers. The result is reliable solutions, fast time to market, with excellent value, 100% inspection and traceability from pellet to pallet and beyond, and supply chain security compliance from a team you can trust.
Westfall Technik Expansion Plans
The innovative group of plastics specialists will be successively built up organically and through strategic acquisitions. Westfall Technik is supported by a strong partnership with growth private equity firms Lee Equity Partners and BlackBern Partners, who combined have over $1.8 billion of assets under management. Accordingly, Westfall is in active acquisition discussions with premier tool makers and injection molding operations.
Rahul “Billy” Nand, Partner at Lee Equity said, “We are excited to support Brian and the team as they execute on their vision to create a market leading plastics solutions provider. We look forward to continuing their long-term track record of success in delivering high performance results through Westfall Technik.”
Jonathan Bernstein, Managing Member at BlackBern Partners added, “It is a great privilege to partner with Lee Equity in sponsoring Brian and his team’s ambitious business plan. It is equally rewarding to have well respected businesses like Fairway and Integrity share in the Westfall vision.”
These prospective new members have complementary core competencies and regional capabilities. They will continue to operate independently and will be linked globally to other world class suppliers.
“We have a no-bureaucracy culture to optimize our customer response time, ensure efficient service, and provide excellent customer satisfaction,” says Brian Jones, Founder of Westfall Technik.