Configure’s ability to move fast, approach the right parties, and run a competitive process was crucial in driving the optimal financing solution.
Configure Partners Advises Hidden Harbor Capital Partners on its Acquisition Financing for Norplex Micarta
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit resolution services, announced today its role as exclusive debt placement agent to Hidden Harbor Capital Partners in securing committed debt capital to support the acquisition of Norplex Micarta from its parent, Industrial Dielectrics Holdings.
Norplex Micarta is a leading global provider of high-performance thermoset composite laminates and industrial prepregs.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and negotiation of the definitive agreements. This transaction marks Configure’s 14th financing with Hidden Harbor Capital Partners since 2018.
“Configure’s ability to move fast, approach the right parties, and run a competitive process was crucial in driving the optimal financing solution,” said Hidden Harbor Vice President Benjamin Koch. “We look forward to providing operational and financial resources to support the Norplex Micarta team as they scale operations and execute on the company’s growth strategy.”
“Our longstanding partnership with Hidden Harbor is built on a shared commitment to delivering results,” said Configure Managing Director Doug Clarida. “Each transaction is rewarding with Hidden Harbor, a firm that combines deep Industrial sector knowledge with bold vision for growth. We’re proud to support their leadership as they guide Norplex Micarta into an exciting new phase.”
About Norplex Micarta (www.norplex-micarta.com)
Norplex Micarta is one of North America’s leading producers of thermoset composite prepregs, sheets, and shapes. These hybrid and multi-material solutions are prized for their design flexibility, consistency, and value. From its global headquarters in Postville, Iowa, to its satellite plant in Changzhou, China, the company works directly with OEMs and other consumers of composite materials to develop new materials to solve unique challenges. With a history of more than 100 years, the company’s legacy of innovation, quality, and unparalleled service make Norplex Micarta the partner of choice for thermoset composites.
About Hidden Harbor Capital Partners (www.hh-cp.com)
Hidden Harbor Capital Partners is a private equity firm which helps create business success stories by building teams focused on execution. We believe that great companies are built on a strong group of people as their foundation, and that businesses succeed when they are intensely focused on executing a small set of well-defined objectives. Hidden Harbor currently has assets under management of more than $1.9 billion and is investing out of its second fund, a $450 million vehicle.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, credit resolution, and special situations advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and 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 client’s teams, delivering unmatched results and an exceptional client experience.