Stout has advised MPE Partners (MPE) on its sale of Lighthouse Holdco, Inc., the parent company of Plastic Components, Inc. (PCI), an innovative manufacturer of mission-critical, engineered plastic components to Rosti Group AB (Rosti), a global plastic injection molding company and contract manufacturer serving some of the world’s leading manufacturers in the packaging, consumer appliances, business machines, medical, and automotive sectors. The transaction closed on December 29, 2021. Stout served as exclusive sell-side financial advisor to MPE and PCI in connection with the transaction.

Matt Yohe, Partner at MPE, remarked, “We have enjoyed our partnership with PCI and their impressive team over the past five years. During that time, PCI has transformed from a regional manufacturer to a nationwide platform by successfully completing two strategic add-on acquisitions, accelerating its organic growth, and tripling its employee base.”

Derrill Rice, CEO of PCI, commented, “Throughout our partnership, MPE was very supportive of our growth, investing in employee talent and increasing our operational capacity. Furthermore, MPE provided invaluable advice to enable our add-on acquisition growth strategy. We are excited to capitalize on the foundation we have built together in PCI’s next chapter of growth with Rosti.”

“This acquisition not only joins together two strong technology-forward manufacturing teams, allied in their continuing pursuit of excellence and mentality towards world-class manufacturing and scientific molding, but it also supports our relationships with existing customers while creating additional opportunities for growth and expansion. PCI aligns well with Rosti strategically and culturally, and together we are excited to offer customers a superior technical service,” Jonas Persson, CEO of Rosti, stated.

Michael Benson, Managing Director at Stout who led the transaction, added, “We are thrilled with the outcome for all parties involved in this successful transaction. Stout has developed longstanding relationships with MPE, PCI, and Rosti over the years, and we look forward to seeing PCI and Rosti join forces as a united, global platform that continues to innovate through its industry-leading, highly automated injection molding processes.”

Baker & Hostetler LLP served as legal counsel to MPE and PCI. K&L Gates LLP served as legal counsel to Rosti.

Stout’s Kevin Manning, David Evatz, Chris Hannah, Michael Brocious, Steven Simone, Natalie Walgren, Irune Andres, and Justin Gerszonovicz assisted in executing the deal.

See more information on our Investment Banking services.

About the Companies

Headquartered in Germantown, Wisconsin, with additional manufacturing facilities in Cary, NC, and Clearfield, UT, PCI is a premier engineered plastic components platform equipped with state-of-the-art scientific molding, process control technologies, and “lights-out” automation capabilities. The company serves a diverse set of technology-forward customers spread across multiple attractive end markets. Since the company’s inception in 1989, PCI has embraced a culture of innovation, technology, and the highest level of customer service.

Rosti, based in Malmö, Sweden, is a global plastic injection molding company and contract manufacturer backed by family-controlled Nordic investment company Nordstjernan. Founded in 1944, Rosti operates production facilities strategically located throughout Europe and Asia.