Operationally-driven investment firm Sky Peak Capital, which focuses on building long-term partnerships with founder-led, lower middle market industrial businesses, has acquired TriStar Plastics, a provider of engineered plastic solutions and self-lubricating bearings.
Founded in 1982 by CEO Richard Cedrone and later joined by President Dave Mello, TriStar Plastics is headquartered in Shrewsbury, Massachusetts, and delivers a full suite of engineering services, including component design, material selection, prototyping, and production manufacturing.
Its proprietary product lines – Rulon®, Ultracomp®, CJ Bearings, and TriSteel™ – serve critical sectors such as aerospace, defence, medical, and food processing. With additional facilities in North Carolina, Illinois, and California, TriStar offers nationwide support to its growing customer base.
Jackson Walker served as legal counsel to Sky Peak and CohnReznick as financial and tax advisor. Configure Partners served as exclusive financing advisor to Sky Peak with financing provided by Graycliff Partners.
