Dies Plus, Inc., a leading manufacturer of precision metalforming dies and tooling, has been acquired by OTTO Engineering, Inc. (“OTTO”), a manufacturer of control switches and audio accessories. The acquisition complements OTTO’s internal stamping capabilities, and OTTO plans to make additional investments in people and technology at Dies Plus in order to grow the business. All employees of Dies Plus were retained. BlueWater Partners acted as the exclusive financial advisor to Dies Plus for this transaction.
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“In terms of confidence and growth and leading economic indicators, and the amount of capital, it’s all very supportive of transaction activity.”
GRAND RAPIDS, Mich., October 16, 2017 – Clarion Technologies, Inc. (“Clarion”), a Michigan-based custom injection molder, has acquired the assets, business, and operations of GTM Plastics, Inc. (“GTM”), a Texas-based custom injection molder. The transaction brings Clarion closer to some of its customers and into new market segments. BlueWater Partners acted as the exclusive financial […]
GRAND RAPIDS, Mich., September 27, 2017 – Knapp Energy, Inc. (“Knapp”), a leading distributor of fuel, lubricants and propane to commercial and residential customers, has been acquired by Crystal Flash, an employee-owned energy distribution company. The acquisition enabled Crystal Flash to expand its capabilities, footprint and talent. All employees of Knapp were retained. BlueWater Partners […]