Tide Rock Holdings Acquires Altratek Plastics

November 2, 2021

Tide Rock Holdings, a San Diego–area strategic holding/PE firm, has acquired Altratek Plastics, a Longmont, Colorado custom injection molding and tooling company. The deal expands Tide Rock’s plastics manufacturing platform by adding mid-tonnage injection molding capacity, robot-assisted automated production and broader end-market coverage across commercial, industrial and specialty consumer products. Michael Engler (CEO of Tide Rock portfolio companies) will lead Altratek as CEO alongside Dan Kaven, the company’s former owner, to manage the transition.

Targets
Altratek Plastics
Sellers
Dan Kaven (former owner)
Platforms
Plastic Molding Technology
Industry
Manufacturing
Location
Colorado, United States
Transaction Type
Addon

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