Blackford Capital, a lower middle market private equity firm, has acquired Industrial Molding Corporation (IMC), an injection molded plastic products manufacturer and a subsidiary of NN, Inc. This marks the first add-on acquisition for Blackford’s portfolio company, Davalor Mold Company. IMC, which has a strong management team, will now operate as a separate business unit under the Davalor umbrella. The acquisition is expected to deliver strong cost synergies and fuel non-organic growth, expanding Davalor’s reach in the plastics injection molding industry. Various advisors, including Blaige & Company, Greenberg Traurig, Varnum LLP, and Parliament Capital Management, played key roles in facilitating this acquisition.

Private Equity, Manufacturing, Industrial, Automotive,United States

Blackford Capital Acquires Industrial Molding Corporation from NN, Inc.