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Transactions / E••••••••• T••••••••• I•••

Polytek D••••••••• C•••• Announces Acquisition of E••••••••• T••••••••• I•••

Add-on acquisitionannouncedadd-onannouncement date unknownFact
What happened
Platform
D••••••••• C••••add-on basis: Polytek is a portfolio company of A•••••• Capital Partners.
Control
Control
Share acquired
unknown
Industry
technology / technology
Target location
CA, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
6 named
Buy side
Advisory side
  • G•••••• C•••••• L••Buy-side adviserconfirmed
    G•••••• Capital, LLC acted as the financial advisor to Polytek.
Side not stated
  • J••••••• K•••, CEO of Polytek, commented “Complementary to the 2018 acquisition of Alumilite Corp., the acquisition of ETI enhances our presence in consumer markets and allows us to further provide our customers with excellent service, increased accessibility, and a variety of mold making and castin
  • D•••• F•••••, founder of ETI added, “In planning a transition of the company, I can think of no better home than Polytek, and I look forward to the continued success of the ETI brand.”
  • Polytek® D••••••••• C•••• (“Polytek”), a manufacturer of specialty polymers for mold making and casting applications, announced today the acquisition of E••••••••• T••••••••• I••• (“ETI”).
Evidence
Polytek® D••••••••• C•••• (“Polytek”), a manufacturer of specialty polymers for mold making and casting applications, announced today the acquisition of E••••••••• T••••••••• I••• (“ETI”).
Polytek D••••••••• C•••• Announces Acquisition of E••••••••• T••••••••• I••• | Private Equity Intelligence | DFX