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Generational Group Advises Comco Plastics in its Sale to Cutting Edge Machining & Automation, a portfolio company of Continuim Equity Partners
By Generational Group
07/18/2023
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Comco Plastics, Inc., to Cutting Edge Machining & Automation, a portfolio company of Continuim Equity Partners. The acquisition closed June 30, 2023.
Comco Plastics (Comco), located in Huntington Station, New York, is a contract manufacturer of precision plastic components and assemblies for various industries. These include semiconductors, medical devices, analytical equipment, and general industry. Comco’s excellent industry reputation and local brand awareness have established it as one of the preeminent plastic component manufacturers worldwide. As a niche player in the plastics industry, Comco focuses on tight-tolerance, high-performance plastics.
With multiple locations across the East Coast and Midwest, Cutting Edge Machining & Automation is a diversified, multi-capability, automation-enabled precision machining platform. Cutting Edge Machining & Automation provides tight-tolerance metal and plastic components and offers automation solutions for blue-chip customers across a variety of end markets.
Continuim Equity Partners (Continuim), headquartered in Pittsburgh, Pennsylvania, is focused exclusively on acquiring and supporting the continued growth of successful manufacturing and industrial businesses. Continuim brings over $100 million of committed capital, a collaborative approach, and proven operational playbooks to build larger, more profitable industrial companies. For more information about Continuim, please visit www.continuim.com.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Bill Shipman, a Generational Group Authorized Affiliate, with the support of Vice President, Aaron Presley, successfully closed the deal. Senior Managing Director Tom Stephens established the initial relationship with Comco.
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.