Marco Continues Expansion with Acquisition of Allied Metrics O-Rings & Seals
Align Capital Partners' ("ACP") custom sealing solutions provider Marco Rubber & Plastics ("Marco" or the "Company") has acquired Allied Metrics O-Rings & Seals ("Allied"), a distributor of specialty O-rings, seals and gaskets.
Allied serves over 400 customers throughout the United States and across a broad range of end markets. Allied's President and second-generation family owner, Bill Westerman, will remain involved to ensure continued growth and a successful transition.
"This was the right time in Allied's growth journey to partner with Marco, a market leader that shares our passion for delivering high quality products and exceptional customer service. I look forward to seeing the combined business thrive in the coming years," said Westerman.
Allied enhances Marco's product depth and customer base while providing incremental growth opportunities across multiple end-markets.
"Over the years, Bill has built a great reputation as a trusted source for performance-oriented elastomeric components," said Marco CEO Marty Daley. "Allied's highly engineered product offering strengthens our ability to offer Marco's growing customer base a diverse range of value-added products and services. I am excited to welcome Bill Westerman and the Allied Team to our Marco family."
ACP acquired a majority stake in Marco Rubber & Plastics in February 2020 and has since completed six strategic add-ons. Marco will continue to pursue strategic acquisitions to augment the Company's current product offering and geographic reach. ACP Managing Partner Chris Jones, Vice President Matt Bowen and Associate Ben Bryles worked alongside Marco Management on the transaction.
About Marco Rubber & Plastics
Over the last 40 years, Marco has evolved to a tech-enabled, independent solutions provider delivering high-performance specialty rubber, plastic and metal components to a diverse set of end markets around the world. Today, the Marco team leverages cutting-edge technology to help its customers quickly source their most demanding sealing and precision component parts. Marco delivers competitive advantage by providing customers high levels of service, technical expertise and digital tools to ensure they choose the right product for their specific application need. For more information, visit marcorubber.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $1.5 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm's investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.
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