New Group Combines Core Competencies to Provide High Performance Plastics Manufacturing Solutions
Walnut, California and Phoenix, Arizona – October 20, 2017 – Fairway Injection Molds, Inc. and Integrity Mold Inc. have been acquired by Westfall Technik, Inc., a newly formed global holding company, which provides highly productive plastics manufacturing solutions to serve the medical, packaging and consumer goods industries. Westfall Technik was founded by Brian Jones, who has 30 years of executive experience in the plastics manufacturing industry. Both companies have premier customers and are committed to uncompromising operational excellence and customer service in their fields.
These acquisitions are the first steps in the realization of a vision to build a market-leading group of plastics experts whose combined synergies and integrated network provides optimum engineered solutions throughout the plastics manufacturing process.
Westfall Technik brings the most advanced technology and processes to market by partnering with only the high-performing plastic solution providers. The result is reliable solutions, fast time to market, with excellent value, 100% inspection and traceability from pellet to pallet and beyond, and supply chain security compliance from a team you can trust.
Westfall Technik Expansion Plans
The innovative group of plastics specialists will be successively built up organically and through strategic acquisitions. Westfall Technik is supported by a strong partnership with growth private equity firms Lee Equity Partners and BlackBern Partners, who combined have over $1.8 billion of assets under management. Accordingly, Westfall is in active acquisition discussions with premier tool makers and injection molding operations.
Rahul “Billy” Nand, Partner at Lee Equity said, “We are excited to support Brian and the team as they execute on their vision to create a market leading plastics solutions provider. We look forward to continuing their long-term track record of success in delivering high performance results through Westfall Technik.”
Jonathan Bernstein, Managing Member at BlackBern Partners added, “It is a great privilege to partner with Lee Equity in sponsoring Brian and his team’s ambitious business plan. It is equally rewarding to have well respected businesses like Fairway and Integrity share in the Westfall vision.”
These prospective new members have complementary core competencies and regional capabilities. They will continue to operate independently and will be linked globally to other world class suppliers.
“We have a no-bureaucracy culture to optimize our customer response time, ensure efficient service, and provide excellent customer satisfaction,” says Brian Jones, Founder of Westfall Technik.
Notes to Editor
The advantages of the Westfall Technik group are many faceted and far reaching. The focus on quality and productivity requires optimization of every stage of manufacturing. It starts with a top quality – high cavitation tool with innovative technology, continues to efficient and reliable automation systems, integrated correlative molding practices and ease of operation. Years of experience and know how combined with international plastics experts ensures not only success today but continuous improvement to stay in the lead. The strength of the group also includes unique barrier and IML technology for a variety of medical and packaging applications like coffee pods and medical disposables.
About Westfall Technik
Westfall Technik, a newly formed global holding company which provides highly productive plastics manufacturing solutions to serve the medical, packaging and consumer goods industries. Westfall Technik’s competitive advantage is its modern technology applied to automated systems and correlative molding processes, and effective industry 4.0 concepts. Westfall Technik brings the most advanced technology and processes through collaboration and flawlessly executes the solutions in well-established world class facilities. The result is a reliable solution with an excellent value from a team you can trust. Westfall Technik’s approach meets brand owners demand in areas such as: high quality and value, a fast response for shorter time to market, 100% inspection and traceability from pellet to pallet and beyond, and supply chain security compliance. For more information, please visit www.Westfall-Technik.com.
About Lee Equity Partners
Lee Equity Partners is a New York–based private equity firm that partners with successful management teams to build companies with strong growth potential. Lee Equity targets equity investments of $50 to $100 million in middle market control buyouts and growth capital financings in companies with enterprise values of $100 million to $500 million that are located primarily in the United States. The firm invests in a range of industries where the team has deep relationships developed over decades, including financial, healthcare and business services, consumer and media. For more information, please visit www.LeeEquity.com.
About BlackBern Partners
BlackBern Partners LLC invests in mature operating companies in the lower middle market, partnering with management teams that have a proven track record of success and providing capital to realize organic growth and acquisition opportunities. BlackBern is industry agnostic and focuses on situations where it can see specific opportunities to add value. A flexible mandate allows BlackBern to tailor investments for companies with a wide range of capital needs. For more information, please visit www.blackbernpartners.com
For Westfall Technik:
Westfall Technik, Inc.
For Lee Equity Partners:
Lee Equity Partners