Private equity firm Sole Source has purchased Texas-headquartered blown polyethylene film producer Dallas Plastics. 

The companies did not disclose any financial terms of the transaction.

Dallas Plastics makes specialty films that are used in flexible packaging for various markets including medical, food, and industrial.

It was founded in 1989 and operates three manufacturing facilities in the US.

The partnership with Sole Source will enable Dallas Plastics to further position and expand its operations across North America.

Sole Source Capital managing partner David Fredston said: “Our team identified the flexible packaging space as an area of focus for Sole Source due to its attractive end markets – primarily medical and food – and with its strong track record of integrity and customers-first mentality, Dallas Plastics is the right cultural fit for our Firm.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This is Sole Source’s 12th transaction since inception and further validates our model and position as a preferred partner for leading private companies.

“We look forward to working closely with the Dallas Plastics team to implement management’s vision of investing in technology and additional capacity, while growing the business through acquisitions.”

Following the transaction, Dallas Plastics’ current chief operating officer Kevin Pierce will assume the role of chief executive officer, while founder Dennis Pierce will continue as senior advisor to the company.

Pierce said: “I am eager to take on this expanded role as we partner with them and continue expanding, both organically and though strategic acquisitions, while offering unparalleled customer service and quality to our customers.”