Hidden Harbor Capital Partners Acquires Norplex Micarta from Industrial Dielectrics Holdings
November 12, 2024
Hidden Harbor Capital Partners has acquired Norplex Micarta, a North American producer of thermoset composite materials, from Industrial Dielectrics Holdings, Inc. Stellus Capital Management provided unitranche debt financing to support the transaction. Hidden Harbor plans to provide operational and financial resources to scale Norplex Micarta's operations and execute on growth initiatives across electrification and industrial end markets.
- Targets
- Norplex Micarta
- Sellers
- Industrial Dielectrics Holdings, Inc.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Buyout
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