Press Release
Aug 20, 2019
On August 13, 2019, Classic Molding, along with sister companies Ritus Corporation and Vanseal Corporation, was acquired by Blue Point Capital Partners (BPCP).
On August 13, 2019, Classic Molding, along with sister companies Ritus Corporation and Vanseal Corporation, was acquired by Blue Point Capital Partners (BPCP). The organization selected BPCP as an equity partner because of its proven track record of assisting successful companies with the next stage of development.
“This is an exciting new chapter for our engineering-driven platform, talented employees, and valued customers. Blue Point Capital brings an operating team with an understanding of our marketplace,” stated Tom Gebhardt, CEO of the three operating companies. “This arrangement gives us the resources to continue our strategic growth and expand our service capabilities.”
For complete details on the acquisition, please refer to the official press release, provided by Blue Point Capital Partners.