PMC Capital Group Acquires StyroChem Canada from WinCup

Epsilyte Holdings Acquires StyroChem Canada Ltd. from PMC Capital Partners

October 4, 2021

Building Products

Epsilyte Holdings LLC, a Balmoral Funds portfolio company, has acquired StyroChem Canada, Ltd. from PMC Capital Partners; financial terms were not disclosed. The deal creates one of North America’s largest producers of expandable polystyrene (EPS), with Epsilyte operating three production sites and more than 300 associates, and is intended to expand capacity and customer solutions across building insulation, packaging and safety markets.

The Sterling Group Acquires Polychem Corporation

March 15, 2019

Manufacturing

The Sterling Group, a middle-market private equity firm, has completed the acquisition of Polychem Corporation, a Mentor, Ohio-based manufacturer of polyester (PET) and polypropylene strapping and related securement packaging equipment. The transaction gives Sterling a platform in the securement packaging sector with Polychem’s vertically integrated manufacturing and PET recycling capabilities to serve food & beverage, consumer packaged goods and industrial customers.

Wynnchurch Capital Acquires Insulation Corporation of America

January 6, 2021

Manufacturing

Wynnchurch Capital has acquired Insulation Corporation of America (ICA), an Allentown, Pennsylvania-based manufacturer of expanded polystyrene (EPS) foam products. ICA will be combined under a single platform with Wynnchurch portfolio companies Drew Foam Companies, Inc. and Huntington Foam, LLC to expand the platform’s geographic reach and product capabilities in the Northeast U.S.

Foam Holdings Acquires Fabricated Packaging Materials

November 16, 2021

Packaging

Foam Holdings Inc., a portfolio company of Wynnchurch Capital, has acquired Fabricated Packaging Materials, Inc. (FPM), a Lancaster, Ohio-based manufacturer of block molded expanded polystyrene (EPS). The acquisition is an add-on to Foam Holdings' materials solutions platform intended to extend its footprint in core end-markets and enhance its EPS manufacturing and packaging capabilities.

Wynnchurch Capital Acquires Drew Foam Companies

November 10, 2020

Manufacturing

Wynnchurch Capital has acquired Drew Foam Companies, a Monticello, Arkansas–based manufacturer of expanded polystyrene (EPS) products, from Branford Castle Partners. Drew operates multiple manufacturing facilities across the Southeast U.S. serving packaging, building products and OEM end markets; terms were not disclosed and Wynnchurch intends to support the company's organic and inorganic growth.

Carlisle Companies Acquires Plasti‑Fab (PFB's EPS Insulation Business)

October 18, 2024

Building Products

Carlisle Companies has completed the purchase of the expanded polystyrene (EPS) insulation segment of PFB Holdco, Inc. — comprised of the Plasti‑Fab and Insulspan brands — for approximately $259.5 million in cash. The business, headquartered in Calgary, Alberta with manufacturing operations in Canada and the U.S., expands Carlisle's EPS capabilities and geographic footprint and is expected to close in Q4 2024 (transaction announced as a sale by The Riverside Company / PFB).