Briarcliff Manor, NY, August 8, 2011 - Pexco LLC, a portfolio company of Saw Mill Capital LLC, recently acquired AllWest Plastics, Inc. of Huntington Beach, CA, a custom profile extruder specializing in high-performance thermoplastic extrusions for the aerospace and lighting industries. AllWest is an established supplier of airplane interior components for many of the most well-known aircraft brands in the market, including Boeing, Airbus, Bombardier, and Embraer.
This is the third acquisition for Pexco in the last four months. Pexco’s most recent acquisitions, Patrician and Multitube, were closed in April and May 2011, respectively. Through these transactions, Pexco has added products, production capacity, and organizational talent to accelerate its growth objectives.
In a separate transaction, Saw Mill Capital consummated the recapitalization of Pexco, to ensure adequate capital for future growth needs while allowing for a one-time dividend to shareholders.
Based in Alpharetta, GA, Pexco LLC is a leading manufacturer and fabricator of custom plastic extruded tubes, sheet and profile products for a wide variety of customers across three core markets: life sciences, industrial and commercial. Management leverages its strengths in design, engineering and manufacturing excellence across nine North American plants to deliver exceptional value to customers. To learn more about Pexco LLC, please visit www.pexco.com.
About Saw Mill Capital LLC
Saw Mill Capital LLC is a growth oriented private equity firm seeking buyout investments in manufacturing and service companies with enterprise values of $25 to $200 million and at least $5 million of pro forma EBITDA. Saw Mill brings capital and unique resources to help companies reach their full potential by working collaboratively with senior leadership to create effective business strategies, implement best practices and provide global market expertise. In partnership with senior leadership teams, Saw Mill seeks to consummate follow-on acquisitions at its portfolio companies.