Lincoln International Represents United Plastics Group in its sale to MedPlast, Inc.
Lincoln International LLC (“Lincoln”), a leading global middle market investment bank, has announced that United Plastics Group (“UPG” or the “Company”) has been acquired by MedPlast, Inc.
UPG is a leading, one-stop solutions provider of high quality, precision engineered plastic injection molded products, program management, product integration and value-added services primarily for the medical, datacenter and industrial end markets. With nine manufacturing locations and one tool building location across three continents, UPG is one of the largest global providers of outsourced custom injection molded products and value-added services. The Company has long-standing relationships with a blue-chip customer base and sales in over 30 countries.
Todd Dunn, Chief Executive Officer of UPG, commented, “We are very pleased with Lincoln’s execution, excellent advice and guidance throughout the process, and help in selecting the right partner to take UPG to the next level. Lincoln’s strong relationships with potential acquirers and deep understanding of our business, end markets and overall investment thesis were invaluable to the sale process. They delivered on their promise to provide global industry expertise and generated significant interest from strategic and financial acquirers worldwide.”
Chris Petrossian, Managing Director and Head of Lincoln’s Los Angeles office, commented, “We are honored to have had the opportunity to work with UPG on this important transaction. The diversity of UPG’s business across multiple industries and geographies aligned perfectly with Lincoln’s strengths. We are pleased that we were able to leverage our global resources to provide a favorable outcome for UPG’s shareholders, management team and employees.”
Lincoln International acted as the exclusive financial advisor to UPG, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, buyer coordination and contact, due diligence and final negotiation phases of the transaction.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With 12 global offices, including three in the Americas, two in Asia and seven in Europe, and strategic partnerships with leading institutions in China and Korea, Lincoln International has strong local knowledge and contacts in the key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com
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