Parkway Products Acquires Littlestar Plastics

Maysteel Industries Acquires Star Precision Manufacturing, Inc.

January 16, 2024

Manufacturing

Maysteel Industries, a portfolio company of Littlejohn Capital, acquired Star Precision Manufacturing, a full-service sheet metal fabrication and precision machining firm in Frederick, Colorado. Patriot Capital provided subordinated debt financing in support of the add-on acquisition, which expands Maysteel's manufacturing capabilities and geographic footprint in the Mountain West.

Sky Peak Capital Acquires TriStar Plastics

April 29, 2025

Manufacturing

Boston-based private equity firm Sky Peak Capital has acquired TriStar Plastics Corp., a Shrewsbury, Massachusetts manufacturer of engineered plastic solutions and self-lubricating bearings. The transaction is supported by a unitranche credit facility and equity co-investment from Graycliff Partners, with Jackson Walker LLP, CohnReznick, and Configure Partners advising on the deal and financing.

Parkway Products Acquires LMR Plastics from Leonard Industries Manufacturing

August 28, 2017

Manufacturing

Parkway Products, a Florence, Kentucky-based manufacturer backed by private equity sponsor Capital Partners, has completed the acquisition of LMR Plastics in Greeneville, Tennessee from Leonard Industries Manufacturing, LLC. The add-on expands Parkway's large-tonnage injection molding and in-mold decorating capabilities and adds a southeastern U.S. production location to Parkway's network.

Akoya Capital Partners Acquires Star Plastics

February 2, 2022

Manufacturing

Akoya Capital Partners acquired Star Plastics, a Ravenswood, West Virginia-based custom plastics compounder, as the anchor investment for a new compounds buy-and-build platform. The transaction was supported with mezzanine subordinated debt and common equity from NewSpring Mezzanine and involved Trinity Investors as a partnering investor; Star Plastics (≈140 employees) will pursue organic growth and M&A to expand its capabilities and geographic reach.

Micro-Precision Technologies Acquires Stellar Manufacturing

December 3, 2025

Manufacturing

Micro-Precision Technologies, a PE-backed micro‑electronics manufacturer, has acquired Stellar Manufacturing, a printed circuit board assembly (PCBA) provider headquartered in Salem, New Hampshire. The deal — completed in early October — expands MPT's micro‑electronics platform capabilities and was executed after MPT partnered with private equity firm Great River Capital Partners in mid‑2024; terms were not disclosed.

Parkway Products Acquires Injection Technology Corporation (ITECH)

April 16, 2019

Manufacturing

Parkway Products, a Capital Partners portfolio company, acquired Injection Technology Corporation (ITECH) from founder Carl Morris on April 16, 2019. The deal adds two facilities in Westminster, South Carolina and Arden, North Carolina, expanding Parkway’s thermoplastic injection molding capacity — including large-tonnage presses — and deepening its Southeast U.S. footprint.