Sailing Specialties, Inc. DBA SSi Custom Plastics
Founded in 1974 and located in southern Maryland, Sailing Specialties, Inc. has become a premier plastic thermoforming company, manufacturing the largest selection of custom and proprietary thermoformed plastic products in the marine industry.
The Company retained Equity Partners to find a buyer that would allow the owner to retire after operating the company for over 40 years. The ideal outcome was to locate a buyer that would continue operations in southern Maryland, lease the facility from the owner, and continue to provide the quality and service the Company’s longtime customer base has come to expect.
Equity Partners HG ran an exhaustive marketing process, reaching out to thousands of prospective buyers.
Equity Partners HG narrowed the field down to the two most logical buyers. After extensive negotiations with both groups, the owner chose to move forward with SSI Custom Plastics Partners, LLC, the principals of which are Maryland based investors that have successfully owned and operated various manufacturing facilities across the country.