P4G Capital and NewSpring Mezzanine Back Acquisition of Prospect Mold
August 20, 2020
P4G Capital, alongside NewSpring Mezzanine (part of NewSpring Capital), invested in the acquisition of Prospect Mold, a long-established manufacturer of custom tooling, molds, and dies serving aerospace & defense and automotive customers. NewSpring provided mezzanine debt and preferred equity to support the transaction and Prospect Mold plans to use proceeds to expand capabilities, hire skilled technicians, and pursue additional aerospace and automotive opportunities.
- Buyers
- NewSpring Mezzanine (NewSpring Capital), P4G Capital Management
- Targets
- Prospect Mold
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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