Middle market private equity firm Odyssey Investment Partners (Odyssey) has acquired Pexco, a North American engineered plastic component supplier, from AEA Investors.
Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction have not been disclosed.
Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide variety of applications across a diverse range of end-markets including traffic safety, lighting, fluid handling, electrical insulation, privacy fence, and other specialty industrial markets.
Pexco CEO Sam Patel and the management team will continue to lead Pexco and have invested alongside Odyssey in the transaction.