• About Us
    • Careers
  • M&A Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Menu
  • About Us
    • Careers
  • M&A Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Contact

Transactions

  • Back to Transactions

PMCF Advises Squadron Capital in its acquisition of Forum Plastics, Inc.

  • June 6, 2016
  • Healthcare, Medical Technology, Plastics, Plastics & Packaging

has acquired

Chicago, Illinois, and Southfield, Michigan – May, 2016 – P&M Corporate Finance (PMCF) is pleased to announce that it served as the exclusive financial advisor to Squadron Capital LLC (“Squadron”) in its acquisition of privately held Forum Plastics, Inc. (“Forum” or the “Company”), of Waterbury, CT.  Financial terms of the transaction were not disclosed.

Founded in 2008, Squadron (sqdncap.com) is an investment vehicle funded by a Chicago-based trust and led from its headquarters near Hartford, Connecticut.  Squadron seeks to acquire and invest in operating companies located both in the US and abroad and has an investment focus on developers and manufacturers of orthopedic medical devices, implants and surgical instrumentation.

Forum (www.forummolding.com) is a manufacturer of high quality sterile-ready and non-sterile injection molded medical plastic products.  Founded in 1980, the Company specializes in components and assemblies with complex geometries essential to the operation of medical devices or complex commercial products.  The majority of Forum’s projects are in support of current and next-generation minimally invasive surgical devices including endoscopic access ports and filters, vein harvesting devices, vascular infusion delivery systems, and cardiac catheter insertion devices.

Squadron Capital President, David Pelizzon said: “Forum differs from most molders by focusing exclusively on the most critical portions of a device where its expertise in mold engineering and state-of-the-art molding processes are critical to the success of our customers’ projects.  The Forum leadership team built a tremendous business and we are delighted that our long-term (multi-generational) investment horizon aligned with their transaction objectives.  We look forward to partnering with the Forum team and leveraging the resources of Squadron companies to execute their long-term business plan for the Company”

PMCF initiated this transaction.  Pelizzon added, “We have worked closely with PMCF over a number of projects and value their insight and expertise in the medical manufacturing and broader medical technology industries.”

Reed Smith LLP served as legal counsel to Squadron.

Prev
Next

Stay Informed

Subscribe to our newsletter for the latest industry updates

Subscribe

Latest Transactions

PMCF Advises Allied Plastics on its Sale to All-State Industries
PMCF Advises Watterson in its Sale Transaction with Highview Capital
PMCF Advises Federal Equipment Company in its Sale to Fairbanks Morse Defense
PMCF Advises D&D Ingredient Distributors in its Sale to Associated Feed & Supply
PMCF Advises Andronaco Industries in its Sale to EagleTree Capital
Contact

Follow Us On

Securities offered through P&M Corporate Finance, LLC. Member of FINRA and SIPC.

Cfi Logo White 94x94 On About

Home

  • About
  • Team
  • Careers

M&A Services

  • Buy Side Advisory
  • Capital Raising
  • Sell Side Advisory
  • Transaction Planning & Readiness Review

Industry Expertise

  • Business Services & Technology
  • Consumer, Food & Retail
  • Healthcare
  • Industrials
  • Plastics & Packaging

News & Insights

  • Transactions
  • News
  • Industry Updates
  • Perspectives
  • Events

©2021 PMCF

  • Member SIPC​
  • Member FINRA
  • FINRA Broker Check
  • Business Continuity Plan​
  • Disclaimer​
  • Privacy Policy​