BCP Portfolio Company MedPlast, Inc. Acquires United Plastics Group
Baird Capital Partners portfolio company MedPlast Inc. (MedPlast) announced today it has dramatically increased its size and reach by acquiring United Plastics Group, Inc. (UPG) (MedPlast news release
Headquartered in Tempe, Ariz., MedPlast manufactures precision molded plastic and rubber components, serving the healthcare and select commercial markets in the United States. UPG manufactures precision plastic products and provides value-added services for the Medical, Industrial, and Data Center markets, with operations in the U.S., China, Mexico, and Wales.
In addition to broadening MedPlast’s global reach, the acquisition combines complementary manufacturing strengths with minimal customer overlap, providing significant opportunities for diversifying the customer base and cross-selling. By bolstering its strong management team with UPG’s practiced sales, marketing, operations and international management talent, MedPlast is even better positioned to serve customers internationally.