Creative Foam Corporation

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Project Description

Creative Foam Corporation

IOP Fund III

Acquisition Date: October 2017
Status: Current
Headquarters: Fenton, MI
Add-on Acquisitions:

Seeking acquisitions

DESCRIPTION

Manufacturer and supplier of custom-engineered die-cut, formed foam, nonwoven and multi-material component solutions to the automotive, medical and wind energy markets.

OPERATING THESIS

Provide support to existing management team

Create fundamental improvement in operating performance:

  • Investment in new manufacturing capabilities and capacity
  • Development of new products and technologies
  • Capitalize on growth opportunities with new and existing customers
  • Support the management team in assessing and executing add-on acquisitions