Generational Group Advises Comco Plastics in its Sale to Cutting Edge Machining & Automation, a portfolio company of Continuim Equity Partners

By Generational Group

07/18/2023

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Comco Plastics, Inc., to Cutting Edge Machining & Automation, a portfolio company of Continuim Equity Partners. The acquisition closed June 30, 2023.

Comco Plastics (Comco), located in Huntington Station, New York, is a contract manufacturer of precision plastic components and assemblies for various industries. These include semiconductors, medical devices, analytical equipment, and general industry. Comco’s excellent industry reputation and local brand awareness have established it as one of the preeminent plastic component manufacturers worldwide. As a niche player in the plastics industry, Comco focuses on tight-tolerance, high-performance plastics.

With multiple locations across the East Coast and Midwest, Cutting Edge Machining & Automation is a diversified, multi-capability, automation-enabled precision machining platform. Cutting Edge Machining & Automation provides tight-tolerance metal and plastic components and offers automation solutions for blue-chip customers across a variety of end markets.

Continuim Equity Partners (Continuim), headquartered in Pittsburgh, Pennsylvania, is focused exclusively on acquiring and supporting the continued growth of successful manufacturing and industrial businesses. Continuim brings over $100 million of committed capital, a collaborative approach, and proven operational playbooks to build larger, more profitable industrial companies. For more information about Continuim, please visit www.continuim.com.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Bill Shipman, a Generational Group Authorized Affiliate, with the support of Vice President, Aaron Presley, successfully closed the deal. Senior Managing Director Tom Stephens established the initial relationship with Comco.