Minnesota Rubber and Plastics Acquires Primasil Silicones Ltd.

Vance Street Capital Acquires Molded Rubber and Plastic Corporation (MRPC)

October 14, 2025

Medical Devices

Los Angeles-based private equity firm Vance Street Capital has partnered with Molded Rubber and Plastic Corporation (MRPC), a family-owned, ISO 13485-certified medical device contract manufacturer headquartered in Butler, Wisconsin. Vance Street will support MRPC's capability and capacity expansion while existing CEO and shareholder Greg Riemer will remain in place; financial and legal advisors and lenders were disclosed but transaction terms were not.

Sequel Holdings Acquires Majority Interest in Uniphase, LLC

March 1, 2024

Manufacturing

Sequel Holdings acquired a majority interest in Uniphase, LLC in March 2024, adding the St. Charles, Illinois-based engineering and custom injection molding company to its portfolio. Founder Bill Morici retains a significant minority stake and remains CEO; Uniphase specializes in tool design and building and plastic injection molding using liquid silicone rubber (LSR) and engineered thermoplastics.

Trelleborg Group Acquires Minnesota Rubber and Plastics from KKR

October 27, 2022

Manufacturing

Trelleborg Group has completed the acquisition of Minnesota Rubber and Plastics (MRP) from KKR. The deal transfers a global materials-science and precision polymer components business (more than 1,450 employees across six countries) to Trelleborg, which will integrate MRP's elastomer and thermoplastic capabilities into its sealing and polymer solutions portfolio.

Minnesota Rubber and Plastics (MRP) Acquires Pawling Engineered Products

June 29, 2021

Manufacturing

Minnesota Rubber and Plastics (d.b.a. Quadion LLC) has acquired Pawling Engineered Products, a Pawling, New York-based manufacturer of custom elastomeric inflatable seals, gaskets and related products. The deal combines complementary materials science and custom elastomer capabilities to broaden MRP's product offering and support its medical, water and industrial end-market customers.

GracoRoberts Acquires UK-based Silmid Limited

March 4, 2021

Aerospace & Defense

GracoRoberts, a PE-backed specialty chemicals distributor, has agreed to acquire UK-based Silmid Limited to expand its global aerospace distribution footprint into the UK and Europe. The deal adds Silmid's ecommerce platform, a 24,000 sq. ft. UK warehouse and complementary aerospace specialty chemicals capabilities; CM Equity Partners supported the transaction as GracoRoberts' private equity sponsor.

Integrated Polymer Solutions Acquires IRP Group

February 18, 2021

Medical Devices

Integrated Polymer Solutions (IPS), a portfolio company of Arcline Investment Management, acquired IRP Group, a Southern California manufacturer of precision elastomeric sealing components. The deal expands IPS's liquid silicone rubber (LSR) molding capabilities and strengthens its position in the Class I/II medical device and aerospace & defense end markets; founder Rod Trujillo and President Casper Zublin will continue as senior advisors.