Location: Nashville, TN
Industry: Manufacturing – Micro Molded Plastics
DVS Role: Buy-Side Advisory to Company
The Buyer: Alphapointe Association for the Blind is a private, non-profit organization that has served blind and visually impaired people in the Kansas City community and surrounding area since 1911. Alphapointe is the largest single employer of visually impaired individuals and is the only comprehensive rehabilitation and education agency for people with vision loss in the state of Missouri.
The Seller: Matchless Molding, Inc. is a manufacturer of micro molded plastic products. MMI has been a market leader in the micro molding industry for over 20 years. Industries served include medical, telecommunications, and various government-related projects.
The Close: Alphapointe engaged the DVS Group to assist in making strategic acquisitions that could increase Alphapointe’s employment opportunities for blind and visually impaired people. Alphapointe already had a large plastics extrusion division, so adding to the breadth of services in that division was a priority. DVS found several candidate companies, identified Matchless Molding, Inc. as a premier target, negotiated the purchase agreement and closed the deal. MMI’s assets were relocated to Alphapointe’s Kansas City facility within ninety days of introducing the two companies.