Banner Capital Forms Seaway Group to Acquire Seaway Plastics Engineering, MME Group, and Wright Engineered Plastics
October 1, 2026
Banner Capital announced it formed Seaway Group and entered into a definitive agreement to acquire Seaway Plastics Engineering, MME Group, and Wright Engineered Plastics. The transaction is expected to close in Q4 2026, with Seventeen Capital co-investing and Ron Labrum to serve as Executive Chairman upon closing.
- Buyers
- Banner Capital, Seventeen Capital, Seaway Group
- Targets
- Seaway Plastics Engineering, MME Group, Wright Engineered Plastics
- Platforms
- Seaway Group
- Industry
- Medical Devices
- Location
- United States
- Transaction Type
- Buyout
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