Protogenic acquired by Spectrum Plastics Group

Protogenic
Protogenic is a rapid prototyping manufacturer located in Denver, CO. Founded in 1989, Protogenic has accumulated extensive experience serving the medical, electronics and consumer products industries. Its primary capabilities include stereolithography, cast polyurethane, silicone RTV molding, polyjet and laser sintering.

Spectrum Plastics Group
Spectrum Plastics Group (formerly Midwest Plastic Components) is a contract manufacturer of injection molded plastic components and provides several rapid prototyping methods to a wide customer base. The Company primarily serves the medical, defense, aerospace and industrial markets. Spectrum Plastics Group has a strong focus in the medical industry and offers a total of seven clean rooms to support its medical(implantable, bioresorable, nonbioresorable, dental, surgical instruments, medical devices) customers. It operates three manufacturing facilities located in Minnesota, Connecticut and California and with the addition of Protogenic, now operates two rapid prototyping facilities located in Colorado and New York. www.spectrumplasticsgroup.com

Spell Capital Partners, LLC is a private equity buyout firm located in Minneapolis, Minnesota. We make
$4 million-$12 million equity investments in well-managed, historically profitable manufacturing and distribution businesses. Spell invests in companies with revenues of at least $10 million. The firm has special expertise in plastics and metal fabrication industries. Strategic add-on investments for our existing portfolio companies can be smaller. Spell manages $220 million of capital, and is currently investing out of its third fund, Spell Capital Partners Fund III, L.P

For more information about this transaction, please contact Steve Jones, Managing Director, at steve@spellcapital.com.

Comments are closed.