Duraco Specialty Materials Acquires Strata-Tac, Inc.
May 23, 2023
Duraco Specialty Materials, a North American specialty materials manufacturer and OpenGate Capital portfolio company, has acquired Strata-Tac, Inc., a St. Charles, Illinois-based maker of custom pressure-sensitive self-adhesive products and top-coated films, from private sellers. The transaction — terms undisclosed — is Duraco's fifth add-on under OpenGate and expands Duraco's coating capabilities and water-based chemistry expertise to better serve end markets such as healthcare, flexible packaging, and OEM.
- Buyers
- Duraco Specialty Materials, OpenGate Capital
- Targets
- Strata-Tac, Inc.
- Sellers
- Private sellers
- Platforms
- Duraco Specialty Materials
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Duraco Specialty Tapes (OpenGate Capital) Acquires 3 Sigma
December 2, 2021
Manufacturing
OpenGate Capital portfolio company Duraco Specialty Tapes has acquired 3 Sigma, a Troy, Ohio-based custom provider of pressure-sensitive products and specialty coatings, from Brixey & Meyer Capital. The add-on expands Duraco’s coating, in-house adhesive formulation and manufacturing capabilities to better serve high-growth end markets such as health & beauty, flexible packaging, food & beverage and medical.
-
Duraco Specialty Tapes Acquires Infinity Tapes
March 3, 2020
Manufacturing
Duraco Specialty Tapes, a portfolio company of OpenGate Capital, has acquired Infinity Tapes from a private seller. Infinity Tapes, headquartered in Lawrence, Massachusetts with ~45 employees, will operate as a division of Duraco to expand its product offering in transit packaging and industrial end markets.
-
Duraco Specialty Tapes Acquires Filmquest Group
March 2, 2021
Packaging
Duraco Specialty Tapes, an OpenGate Capital portfolio company, has acquired Filmquest Group, a converter and supplier of polyester (PET) and specialty films headquartered in Bolingbrook, Illinois. The undisclosed-value transaction is an add-on that expands Duraco's product offering into specialty films for the flexible packaging market and will keep Filmquest's existing president in place.
-
Arcosa Acquires Strata Materials
October 12, 2020
Building Products
Arcosa, Inc. acquired Strata Materials for approximately $87 million to expand its aggregates footprint in the Dallas–Fort Worth region. Strata operates five recycled-aggregates locations and one natural-aggregates plant, produced more than 2 million tons over the prior 12 months, and had trailing 12-month Adjusted EBITDA of about $10.2 million (~8.5x).
-
Duraco Specialty Tapes Acquires Rayven, Inc.
December 8, 2021
Manufacturing
Duraco Specialty Tapes, an OpenGate Capital portfolio company, has acquired Rayven, Inc., a St. Paul, Minnesota developer and manufacturer of coated functional films, specialty tapes, and release liners, from private sellers. The add-on expands Duraco's product development capabilities, adds coating capacity, and broadens its addressable markets in flexible packaging, building products, graphics, and healthcare.
-
ProAmpac Acquires Specialty Packaging, Inc.
May 23, 2022
Packaging
ProAmpac, a Cincinnati-based flexible packaging manufacturer owned by Pritzker Private Capital, has acquired Specialty Packaging, Inc., a family-owned paper, film and foil packaging manufacturer based in Fort Worth, Texas. The acquisition expands ProAmpac's paper bag converting capacity, broadens its recyclable foodservice packaging portfolio and extends its footprint into the southwestern United States.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.