Stout Advises on Sale of PolyTech Plastic Molding to Arcane Capital Partners

January 17, 2023

Stout announced that its client, PolyTech Plastic Molding, Inc. (“PolyTech”), a leading plastics injection molder and extruder, has been acquired by Arcane Capital Partners (“Arcane”), a closely-held family office based in Little Rock, Arkansas. Arcane is the parent company of Johnson Manufacturing Company and Bentonville Plastics, Inc. Stout served as exclusive financial advisor to PolyTech in connection with this transaction.

The strategic combination and addition of PolyTech’s 65,000-square-foot facility allow the combined platform to offer more services for existing customers and to increase its production and distribution capabilities of injection-molded and extruded products. PolyTech and Johnson Manufacturing will continue to provide quality service to their customer bases under their respective brands for the foreseeable future and will remain located at their current facilities. Bentonville Plastics, Inc. will be integrated into the operations of Johnson Manufacturing in Harrison, Arkansas.

“We are pleased to have closed this transaction and start our integration process. Our company has admired the work done at PolyTech, and we are thrilled to expand our production capabilities and capacities and continue to build a standard-setting plastics manufacturing company in North America,” said Michael Hickmon, CEO and Managing Partner of Arcane. “As we navigate the changing trends within the industry – including being a leader in reshoring of American manufacturing, we recognize the expertise PolyTech brings to the table, and we look forward to combining our strengths as one company.”

The combined companies serve some of the largest and most recognizable names across multiple industries, including HVAC, electronic telecom, water treatment and filtration, consumer products, medical, industrial, military, agricultural, energy, and automotive. The combined companies plan to leverage capabilities and scale to expand services in these industries, as well as service customers in new industries spanning consumer packaged goods and the food and beverage industry.

“The merger of these companies is a winning combination for all companies’ customers,” said Jim Benton, CEO of PolyTech. “PolyTech, Johnson Manufacturing, and Bentonville Plastics have long been go-to plastics injection molding companies in this region. Combining PolyTech’s operational expertise, the strength of these companies in their respective industries and production capabilities, and the leadership of Arcane will certainly benefit all involved.”

“We are pleased with the successful outcome for PolyTech’s team and look forward to seeing the combined platform grow under the stewardship of Arcane,” said Stout Managing Director Mike Benson, who sourced and led the execution of the transaction.

Stout’s Steve Simone and Johnathan Lekosiotis assisted in executing the transaction.

Kutak Rock LLP served as legal counsel to PolyTech.

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