ScaleCo and Innoplast management have developed an investment thesis to grow Innoplast organically and make strategic investments in the traffic safety industry. Operating for more than 15 years, Innoplast has developed a strong business model focused on bollard covers and other safety products. With the ScaleCo partnership, Innoplast will consolidate operations from three smaller facilities to one that is sufficiently sized and equipped with the resources to support future growth.
HOW DID SCALECO SUPPORT?
This is ScaleCo’s 21st platform investment leveraging its thesis of engaging ambitious entrepreneurs to ignite growth and transform plateaued businesses. Innoplast aligns well with ScaleCo’s strategy of investing in profitable, scalable distribution companies. The additional resources will enable Innoplast to focus on strategic growth by developing new products and through acquisition.