Trout Capital Advisors Serves as Exclusive Financial Advisor to Universal Plastics & Engineering Company in Sale to UFP Technologies
Rhea-AI Summary
UFP Technologies (NASDAQ:UFPT) has acquired Universal Plastics & Engineering Company (UNIPEC), a Maryland-based manufacturer of precision thermoformed and heat-sealed polymer components for medical devices. UNIPEC specializes in producing components for battery shielding in Class III implantable medical devices.
The acquisition strengthens UFP Technologies' presence in the medical manufacturing sector. UNIPEC, a family-owned business since 1957, brings valuable capabilities and customer relationships to UFP's expanding medical-focused portfolio. Trout Capital Advisors served as the exclusive financial advisor to UNIPEC in this transaction.
Positive
- Strategic expansion into Class III implantable medical device components
- Acquisition adds precision thermoforming and heat-sealing capabilities
- Gains established customer relationships in medical device sector
Negative
- None.
News Market Reaction
On the day this news was published, UFPT declined 2.87%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Andrew Rice, Managing Partner at Trout Capital Advisors, commented:
"We were honored to represent UNIPEC in this transaction. This deal represents a strong strategic outcome for the company, and we're proud to have helped facilitate UNIPEC's next chapter as part of UFP Technologies."
Said Brandt Berghers, President of UNIPEC: "This business has been in my family since 1957. The team at Trout Capital Advisors understood the importance of legacy, respect for our customers, and future opportunities for my employees. This outcome is beyond anything I could have imagined, and I am delighted to see UNIPEC join the UFP family."
This transaction highlights Trout Capital Advisors' continued momentum and expertise in advising privately held businesses in the advanced manufacturing and engineered products sectors.
Stephen Gierasch of McNees Wallace & Nurick served as legal counsel to UNIPEC.
About Trout Capital Advisors
Trout Capital Advisors, LLC is a boutique investment banking firm that exclusively serves lower-middle market businesses, with a focus on founder- and family-owned companies. With deep transactional experience and a client-centered approach, the firm delivers tailored advisory solutions that help owners achieve successful outcomes during one of the most significant events in their business lives.
Media Contact:
Andrew Rice
Managing Partner
Trout Capital Advisors, LLC
anrice@troutcapital.com
www.troutcapital.com
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SOURCE Trout Capital Advisors