Gary Bowling Named CEO of Innoplast Holdings, Inc
We are excited to announce that Innoplast Holdings, a ScaleCo portfolio company, has announced that Gary Bowling will now act as CEO. Innoplast Holdings, Inc (“Innoplast”) is comprised of Innoplast, Inc., a manufacturer of bollard covers, Thermoprene, Inc., a manufacturer of extruded metal and plastic products, and American Sign Products (“ASP”), a value-added converter and distributor of specialty vinyls and reflective tapes headquartered in Garfield Heights, OH.
Gary Bowling brings vast experience to his role as CEO, ranging from business development, SaaS, and consulting. Mr. Bowling is a United States Army veteran and received a BS in Political Science from the University of Cincinnati and an MBA from the University of Akron.
In 2020, Mr. Bowling joined ScaleCo as an Operating Partner where he was responsible for business development surrounding ScaleCo’s investment thesis of value-added distribution. Following ScaleCo’s acquisition of the platform company, Mr. Bowling joined Innoplast as President in April 2021. Since then, Mr. Bowling and Innoplast Founder, Craig McConnell, have executed on several important business developments.
Alongside ScaleCo, Innoplast has implemented the Entrepreneurial Operating System (“EOS”) throughout the three companies with a goal of solidifying a long-term vision for the organization. Shortly after acquiring Innoplast, the company completed an add-on acquisition of American Sign Products in August 2021. The three organizations have consolidated operations from four locations into one warehouse location in Garfield Heights, OH. Innoplast has since hired several additions to the team including a Controller, a VP of Operations, and 2 dedicated salespeople for Innoplast and ASP.
Gary Bowling commented “I couldn’t be more excited about this opportunity. The organization is comprised of an exceptional group of team members. We have an aggressive growth plan that is easily accomplished with this team. It’s a pleasure working with each one of them every day. ”
Craig McConnell founded Innoplast in 2006, and performed the role as CEO until 2022. While he is no longer active in the day-to-day operations, he remains active in the business development aspect of the company. Craig works alongside Charles Harris (ScaleCo Business Development) and Gary Bowling sourcing potential add-on opportunities.
“After working with Gary over the past few years, and seeing the tremendous operational and organizational developments made at Innoplast, ScaleCo supports the decision to appoint Gary as CEO.” said ScaleCo founder, Brendan Anderson. ”We are eager to work closely with the Innoplast team as they continue their growth journey.”
Reflecting on the past year, ScaleCo is excited for the future of Innoplast Holdings and look forward to seeing Gary Bowling’s story as an entrepreneur and Operating Partner continue to develop. We continue to believe in the Innoplast team, and are thrilled to continuously support their growth in the coming years.
About ScaleCo
ScaleCo Capital is a Cleveland-based lower middle market private equity firm that focuses on control-oriented leveraged buyout and growth equity investments in fast-growing companies based primarily in the Great Lakes region. ScaleCo partners with companies in the verticals of business services, tech-enabled services, value added distribution and assembly, and training, compliance, and education sectors, bringing operational expertise and strategic resources to scale their growth potential and build long-term value. To learn more, visit scaleco.com.