H.I.G. Capital has agreed to sell Vaupell to Sumitomo Bakelite for a reported $265 million. The company develops and produces thermoplastic interior parts for the commercial aerospace industry, its services spanning the full lifecycle from design and product prototyping to tooling and part production to assembly and kitting. Backed by H.I.G. since 2004, Vaupell made several acquisitions, including that of Russell Plastics Technology, during the firm's holding period, and also opened additional manufacturing facilities.