Empowered Ventures Acquires Paramount Plastics

Portage Plastics Acquires Paradise Plastics Division from Paradise, Inc.

June 15, 2020

Packaging

Portage Plastics Corporation has acquired Paradise Plastics, the thermoforming and plastic products division of Paradise, Inc., in a transaction announced June 15, 2020. The sale — advised by Hyde Park Capital — transfers Paradise Plastics’ thin- and heavy-gauge thermoforming and tool-making capabilities to Portage Plastics to expand its manufacturing and design services.

Empowered Ventures Acquires Firstar Precision

April 12, 2021

Manufacturing

Empowered Ventures, an employee-owned holding company based in Carmel, Indiana, has acquired Firstar Precision Corp., a precision machining company headquartered in Brunswick, Ohio. The transaction transitions Firstar's employees into Empowered Ventures' ESOP as part of the founder's succession plan and is intended to support the company's continued growth and operational stability.

CPC Acquires Paramount Apparel International

January 7, 2022

Manufacturing

CPC, LLC has acquired Paramount Apparel International from the company's founding families. Paramount, founded in 1929 and known for its Imperial headwear brand and Global Brand Solutions division, employs over 500 people across six Missouri facilities; the founding families retained ownership at the Paramount level and received an ownership interest in CPC.

Biomerics Acquires Dependable Plastics, Launches Interventional Medical Plastics Division

July 11, 2022

Medical Devices

Biomerics acquired Dependable Plastics and launched a new Interventional Medical Plastics (IMP) Division to expand its plastic component capabilities for the interventional and robotic-assisted surgery markets. The acquisition adds thermoforming, liquid cast resin molding and additive manufacturing capabilities and establishes operations in Fairfield, California alongside Biomerics' Salt Lake City operations.

Empowered Ventures Acquires Benoure Plumbing, Heating & Air Conditioning

April 2, 2024

Construction

Empowered Ventures, an employee-owned holding company based in Carmel, Indiana, has acquired Benoure Plumbing, Heating & Air Conditioning, a South Burlington, Vermont-based residential and commercial mechanical contractor. The transaction transitions Benoure into Empowered Ventures' ESOP as part of the owner's succession plan and is intended to support continued growth and ongoing employee ownership.

Wolverine Capital Partners Acquires Vital Plastics, Inc.

July 18, 2023

Manufacturing

Wolverine Capital Partners has acquired Vital Plastics, Inc., a Baldwin, Wisconsin-based injection molding manufacturer and assembly provider, in a transaction announced July 18, 2023. Vital Plastics will continue day-to-day operations under President & CFO Matthew Fish, and Wolverine Capital intends to support the company's next phase of growth and capabilities expansion.