Align Capital Partners completes Marco recapitalisation

Align Capital Partners (ACP) has completed the majority recapitalisation of Marco Rubber & Plastics (Marco), a technology-enabled, speciality distributor of elastomer components, including O-rings, gaskets, and other high-performance seals and products.

Headquartered in Seabrook, NH, Marco delivers high value performance sealing solutions to thousands of customers annually across a broad array of end markets, including aerospace, medical, semiconductor, chemical, and many other diverse markets. Marco’s experienced team developed the Company’s proprietary technology platform to link a global supply network, representing more than 3,000 material formulations, more than a million SKUs, and custom products to provide fast and cost-effective service to customers around the world. Last year, Marco unveiled the first phase of a disruptive eBusiness technology platform allowing engineers to search and compare products by performance attributes, effectively digitalising the consultative sale process and allowing for direct online ordering.

“We were looking for an investment partner who understands our market opportunity, believes in our technology platform and unique product offering, and brings clear growth resources to our business,” says Chad Belinsky, President of Marco. “Align Capital Partners’ relevant specialty distribution experience, marketing and technology resources, and track record of successfully partnering with entrepreneurial management teams fit our needs perfectly.”

ACP’s investment in Marco is the first institutional capital in the business since the Company’s founding in 1980. ACP will help advance Marco’s sales and marketing functions, and its innovative technology platform. In addition, ACP will help the Company pursue a buy-and-build strategy to augment Marco’s current product offering and broaden its current distribution facility footprint.

“Chad and the Marco management team have built a very unique business model of supplying specialty and custom O-rings and seals designed to solve complex engineering challenges and sealing applications,” says ACP Managing Partner Chris Jones. “Marco creating a technology platform unique to the sealing products market is helping rationalise the industry’s fragmented supplier and customer bases by reinventing the way O-rings and sealing components are purchased. We are thrilled to partner with such a dynamic team and execute on Marco’s many growth opportunities.”

Operating Partner Dave Perotti, Vice President Matt Iodice, and Associate Walker Tiller worked alongside Jones on the transaction.