PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Custom Molded Products

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Custom Molded Products Adds Investment Partner - PNC Riverarch leads recapitalization of Custom Molded Products to help accelerate growth and position CMP as a global supplier for the pool, spa and bath industries - C-M-P.com
Custom Molded Products Adds Investment Partner

 

NewswireToday - /newswire/ - Newnan, GA, United States, 2014/02/20 - PNC Riverarch leads recapitalization of Custom Molded Products to help accelerate growth and position CMP as a global supplier for the pool, spa and bath industries - C-M-P.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Founded in 1993, Custom Molded Products, LLC (CMP) is a leading manufacturer and distributor of injection molded plastic components used in spas, pools, and whirlpool baths. On November 27, 2013 CMP entered into a partnership with PNC Riverarch Capital, with a co-investment from Florida Capital Partners. The transaction also included a significant re-investment by the company’s co-founders, William Drury and Charles Li, who will continue to lead the business going forward.

Addressing the strong growth of the company, CMP President Dr. William Drury stated,"To date, CMP has been very successful by focusing on our customers. We are excited about the opportunities that this transaction represents. The entire management team met with the PNC and FCP investors ahead of time and developed a strong set of the goals for CMP moving forward. Everyone here is viewing this as a positive situation on all sides". CMP Vice President Dr. Li agrees: "The investment group really showed that they understand CMP and expressed their desire to build on the strong foundation already in place. I think that the managers especially appreciated that PNC and FCP do not want to change the company, but rather help us continue to grow and improve."

PNC Riverarch Capital is a middle-market private equity firm which invests in privately held companies headquartered in North America. “Our investment in CMP fits well within our strategy of identifying well-positioned companies in attractive and growing end markets,” said Michael Hand, managing director of PNC Riverarch.“ We were particularly attracted to the company’s strong customer value proposition and management team, and we are excited to support their continued expansion into new products and geographies, both organically and through strategic acquisitions.”

About Custom Molded Products

CMP (c-m-p.com) is committed to quality products, exceptional customer service, and reliable supply. As an innovative, leading industry supplier, CMP serves over 350 active customers and offers over 3,900 products, including jets, valves, filters, and various other plastic components. With a large logistics network and manufacturing facilities both domestic and off-shore, CMP provides a variety of supply solutions.. Utilizing an experienced, diverse engineering and support team, CMP offers design and product support for the global pool, spa and bath industries. By focusing on personal attention and outstanding customer support, CMP delivers world class products and service for its customers.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Custom Molded Products

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Custom Molded Products Adds Investment Partner

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: William Drury - C-M-P.com 
770-632-7112 / 1-800-733-9060 cbennett[.]c-m-p.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Custom Molded Products securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Custom Molded Products / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards
Tripp Lite’s Breakthrough 3-Phase Rack ATS PDUs Granted U.S. Patent
Nexans Launches PVC-free MOTIONLINE® HALEX Automation Cables
Volkswagen and BASF Present 'Science Award Electrochemistry' to Dr. William Chueh from Stanford University, California
ITT's Cannon Brand to Introduce Versatile Modular Connector Interface for Heavy Equipment At Bauma China 2016
BASF to Divest Inorganic Specialties Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)