StockNews.AI
UFPT
StockNews.AI
21 days

Trout Capital Advisors Serves as Exclusive Financial Advisor to Universal Plastics & Engineering Company in Sale to UFP Technologies

1. UFP Technologies acquires UNIPEC, enhancing its medical product portfolio. 2. UNIPEC specializes in components for Class III implantable medical devices. 3. The acquisition strengthens UFP's relationships in advanced manufacturing. 4. This strategic move is expected to boost UFP's market position significantly.

5m saved
Insight
Article

FAQ

Why Bullish?

The acquisition of UNIPEC expands UFP's offerings, positively impacting growth potential, akin to past acquisitions that enhanced strategic alignment.

How important is it?

This acquisition is pivotal, indicating UFP's growth strategy in the medical sector, positioning it for competitive advantages.

Why Long Term?

Strategic acquisitions often yield long-term benefits, as seen in UFP's historical growth trajectory post-merger/extensions.

Related Companies

, /PRNewswire/ -- Trout Capital Advisors, LLC ("TCA"), a leading lower-middle market investment banking firm, is pleased to announce it served as the exclusive financial advisor to Universal Plastics & Engineering Company, Inc. ("UNIPEC") in its sale to UFP Technologies, Inc. (Nasdaq: UFPT), a designer and manufacturer of innovative custom-engineered components, products, and solutions for the medical market. Headquartered in Rockville, Maryland, UNIPEC develops and manufactures precision thermoformed and heat-sealed polymer components used primarily for shielding batteries in Class III implantable medical devices. UNIPEC's capabilities and strong customer relationships make it a strategic fit within UFP Technologies' expanding portfolio of medical-focused manufacturing businesses. Andrew Rice, Managing Partner at Trout Capital Advisors, commented:"We were honored to represent UNIPEC in this transaction. This deal represents a strong strategic outcome for the company, and we're proud to have helped facilitate UNIPEC's next chapter as part of UFP Technologies." Said Brandt Berghers, President of UNIPEC: "This business has been in my family since 1957. The team at Trout Capital Advisors understood the importance of legacy, respect for our customers, and future opportunities for my employees. This outcome is beyond anything I could have imagined, and I am delighted to see UNIPEC join the UFP family." This transaction highlights Trout Capital Advisors' continued momentum and expertise in advising privately held businesses in the advanced manufacturing and engineered products sectors. Stephen Gierasch of McNees Wallace & Nurick served as legal counsel to UNIPEC. About Trout Capital Advisors Trout Capital Advisors, LLC is a boutique investment banking firm that exclusively serves lower-middle market businesses, with a focus on founder- and family-owned companies. With deep transactional experience and a client-centered approach, the firm delivers tailored advisory solutions that help owners achieve successful outcomes during one of the most significant events in their business lives. Media Contact:Andrew RiceManaging PartnerTrout Capital Advisors, LLC[email protected]  www.troutcapital.com   SOURCE Trout Capital Advisors WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News