Huron Capital Plants Seeds for Growth at Bloomer Plastics
June 20, 2012
Huron Capital Partners has partnered with the management team at Bloomer Plastics to complete a recapitalization of the company. The transaction will allow Bloomer, which produces engineered films for use in industrial, medical and consumer end-markets, to facilitate its current growth plans, including product development and national expansion. In conjunction with the deal, Kevin Keneally will join Bloomer as CEO. The investment was made through The Huron Fund III, which closed with $350 million in commitments in 2008.