Sheridan-backed Currier Plastics has executed a strategic acquisition of two manufacturing companies, Springboard and Mos, marking a significant expansion in its operational capacity. The transaction represents a consolidation move within the plastics manufacturing sector, with Currier Plastics leveraging this acquisition to broaden its market presence and production capabilities. Previous Springboard owner HC Private Investments has transitioned from seller to becoming a material shareholder in Currier, indicating continued involvement and confidence in the combined entity's future performance.

This acquisition demonstrates the ongoing trend of portfolio company growth through strategic M&A activity in the private equity-backed manufacturing space. For the plastics industry, this move signals increasing consolidation as companies seek to achieve greater economies of scale and enhanced competitive positioning. The integration of Springboard and Mos operations is expected to create operational synergies while expanding Currier Plastics' customer base and geographic reach.

This transaction reflects the continued appetite for add-on acquisitions among private equity sponsors seeking to build platform companies through strategic consolidation.