Summit Tooling Inc. / Summit Plastics Inc. Asset Profile

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Year established

1998

Location

McHenry IL US

Primary Industry

Materials

About

Based in Illinois, US, and founded in 1998 as Summit Plastics Inc. and expanded to Summit Tooling Inc. / Summit Plastics Inc., which provides plastic molding design and manufacturing services. In February 2021, Kemeera Inc., a portfolio company of CORE Industrial Partners and Midwest Composite Technologies, Inc., acquired Summit Tooling Inc. / Summit Plastics Inc. The company engages in the design, prototype and manufacturing of plastic molding and tooling products specified to the specifications of its client. The firm uses computer-aided design (CAD) and computer-aided manufacturing (CAM) softwares to precisely design and manufacture plastic molds. The company generates revenue from its plastic molding design, prototype and manufacturing services.

Current Investors

Midwest Composite Technologies, LLC., Kemeera Inc.

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Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.summittoolingdev.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Summit Tooling Inc. / Summit Plastics Inc.	03 Feb 2021

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