# Techniplas completes sale of core assets to existing investors

Techniplas, LLC executed a sale of its core assets to existing investors Bayside Capital, Amzak Capital Management, and The Jordan Company, who contributed over $50 million in fresh capital. The sale closed June 19, 2020.

- Type: Acquisition
- Announced: 2020-06-22
- Where: Nashotah, Wisconsin, United States
- Value: $50.0M
- Status: completed
- Products: engineered technical solutions for automotive and industrial markets
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Techniplas LLC](https://endata.com/companies/47841.md)
- [The Jordan Company](https://endata.com/companies/1301.md) (investor)
- [Amzak Capital Management](https://endata.com/companies/29304.md) (investor)
- [Bayside Capital](https://endata.com/companies/47840.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/techniplas-successfully-completes-sale-process-301081441.html), 2020-06-22: "I am excited to lead Techniplas into our next chapter, strengthened with a right-sized balance sheet and backed by our investors."

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