Configure was a true partner throughout the process. Their team ran an efficient process, offered thoughtful guidance at every step, and played a critical role in helping us execute during an unpredictable economic environment.
Configure Partners Advises Sky Peak Capital on its Acquisition of TriStar Plastics
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement, special situations, and M&A advisory services, announced today its role as exclusive financing advisor to Sky Peak Capital in securing committed debt and equity capital provided by Graycliff Partners to support the firm’s acquisition of TriStar Plastics.
Headquartered in Shrewsbury, Massachusetts, TriStar Plastics provides custom fabrication, manufacturing, and distribution services for its diversified base of high-performance plastics and self-lubricating bearings products. The company’s unique value proposition and ability to serve as a one-stop solution for all things high-performance plastics and bearings have driven an expansive base of blue-chip customers, who utilize the company’s products within 70+ verticals.
Sky Peak is a New England-based private equity firm investing within the lower middle market. Its investment professionals have significant experience investing in and operating industrials, manufacturing, business services, and value-added distribution businesses, and are supported by an extensive network of operating advisors who provide tailored industry expertise to the firm’s investments.
Configure supported all aspects of the financing process, including investor screening, approach to market, transaction structuring, and negotiation of the definitive agreements.
“Configure was a true partner throughout the process,” said Sky Peak Founder and Managing Partner Mike Burke. “Their team ran an efficient process, offered thoughtful guidance at every step, and played a critical role in helping us execute during an unpredictable economic environment. We truly appreciated their insight, responsiveness, and dedication from start to finish.”
“It was a pleasure to work alongside Mike and the Sky Peak team in securing capital to support the acquisition of TriStar,” said Configure Director James Bardenwerper. “We extend our congratulations and offer best wishes to both TriStar and Sky Peak as they embark on a new chapter together.”
About TriStar Plastics (www.tstar.com)
TriStar Plastics specializes in custom fabrication, manufacturing, and distribution of high-performance plastics and self-lubricating bearing products. Serving a diverse customer base, TriStar delivers end-to-end solutions for all plastics-related needs. TriStar’s principal location is in Shrewsbury, Massachusetts, with additional sales and distribution centers nationwide.
About Sky Peak Capital (www.skypeakcap.com)
Sky Peak Capital is a private equity firm that invests in family- and founder-owned lower-middle-market industrials, manufacturing, business services, and value-added distribution businesses in the U.S. The firm takes a focused investment approach, selecting a limited number of opportunities to ensure each portfolio company receives dedicated operational and technological support.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s special situations practice is the trusted advisor for stakeholders confronting capital structure challenges. Our people-smart team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our clients’ teams, delivering unmatched results and an exceptional client experience.