# Peak Nanosystems acquires PolymerPlus

Peak Nanosystems, parent of Peak Nano Optics and Peak Nano Films, acquired Cleveland-based polymer technology developer PolymerPlus. The acquisition was funded by a $25 million investment from Squadron Capital.

- Type: Acquisition
- Announced: 2020-04-14
- Where: Cleveland, Ohio, United States
- Value: $25.0M
- Status: completed
- Products: nanolayered film for optics, high-capacity/high-temperature film capacitors
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Peak Nanosystems](https://endata.com/companies/46537.md) (acquirer)
- [PolymerPlus](https://endata.com/companies/46538.md) (target)
- [Squadron Capital](https://endata.com/companies/46539.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/peak-nanosystems-acquires-cleveland-based-polymerplus-301039873.html), 2020-04-14: "Through Peak Nano Optics, we are currently building a $30 million factory in Cleveland that is expected to come online in Q3 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.