News
Wichita, Kan. - (May 4, 2015). Arcady Capital Company, a Wichita based private equity firm, is pleased to announce the sale of substantially all of the assets of Mountain Molding, LLC to Tenere, Inc., a portfolio company of the Watermill Group. Mountain Molding is a Longmont, Colorado based leader in contract plastic injection moldings and sub-assemblies primarily for the medical device, security, military, and pet products industries. Arcady Capital Investments I, L.P. purchased the assets of Mountain Molding in December 2012. Arcady Capital Company along with the President, Don Cheyne, have improved the performance of Mountain Molding over the past few years by adding higher technology equipment, new customers as well as re-aligning middle management capabilities.
Don Cheyne, the President of Mountain Molding, commented that the new owner is a large strategic company and that together "we look forward to offering all customers greater flexibility and an enhanced menu of capabilities to better meet their needs at any stage of the product life cycle."
Don Cheyne went on to say that "the leadership, support and strategic direction of Arcady Capital has been a tremendous factor in the success of Mountain Molding. Our partnership with them has been truly enjoyable, characterized by professionalism, cooperation and teamwork."
Arcady Capital Company, a Wichita, KS based private equity investment firm, provides capital for leveraged buyouts, recapitalizations, and growth equity in the lower middle market. Arcady targets investments in profitable, well-established, service driven businesses in the manufacturing, business services, and value-added distribution sectors.
