EPP Team, d.b.a. Empire Precision Plastics (EPP), has been sold to Kouza Management, an affiliate of Kouza Capital, a family office based in Troy, MI, specializing in recapitalizations of lower-middle-market companies within the diversified industrials, technology, and consumer verticals.
Founded in 1992 and headquartered in Rochester, NY, EPP manufactures complex, tight-tolerance injection molded components serving the firearms, medical, electrical, industrial, and consumer markets. The company utilizes data-driven scientific molding to offer a suite of design support, mold manufacturing, and value-added services. EPP is highly differentiated by its ability to perform complex precision and plastic optical molding, its commitment to scientific molding principles, and its expertise with in-house tool building, said the announcement.
The terms of the transaction were not disclosed.
Global investment bank and advisory firm Stout acted as the exclusive sell-side advisor to EPP Team. Managing Director Mike Benson led the team for Stout, which also participated in the sale of Intertech Plastics to TriMas at the end of last month.