Evantic, a portfolio company of Edgewater Capital Partners, has acquired Plastic Distributors and Fabricators, LLC. The deal closed on July 25, 2023.

Acquirer
Evantic (US)
Target
Plastic Distributors and Fabricators, LLC (US)
Deal type
Acquisition
Value
Undisclosed
Close date
July 25, 2023
Buy-side advisors
Edgewater Capital Partners
Legal (buy)
Taft Stettinius & Hollister LLP

The acquisition aims to enhance Evantic's offering by adding advanced manufacturing capabilities and expanding its geographical footprint, serving both new and existing customers more effectively.

Financial Context

No financial details regarding the transaction value or key terms were disclosed. This deal is part of a strategic growth initiative for Evantic within the industrials sector.