Marco Adds Product Depth with Acquisition of Colonial Seal Company

CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners’ (“ACP”) custom sealing solutions provider Marco Rubber & Plastics (“Marco” or the “Company”) adds oil seals to its growing product portfolio through its acquisition of Colonial Seal Company (“Colonial”).

Colonial is a specialty distributor of oil seals, O-rings, gaskets and shaft seals for a diverse set of customers operating in pharmaceutical, industrial and other end markets across the United States. This acquisition provides Marco enhanced product breadth and new product lines, unlocking cross-sell opportunities for the Company’s customer base. Colonial also augments Marco’s supply chain with new vendor relationships in highly strategic geographies.

“I am thrilled for Colonial to partner with a market leader in Marco and look forward to working with the team to ensure continued success of the combined business in the years to come. Together, we will remain focused on delivering high quality products and customer service as we pursue new strategic growth opportunities,” said Stephen Maloney, Founder and President of Colonial.

“Under Steve’s leadership, Colonial has earned a fantastic reputation as a reliable source of specialty elastomeric parts and sealing solutions,” said Marco CEO, Marty Daley. “Colonial’s diverse supply chain and product expertise enhance our ability to provide best in class products and value-added services to our entire customer base. I look forward to working with Steve and welcome the Colonial team and customers to Marco.”

ACP acquired a majority stake in Marco Rubber & Plastics in February 2020 and has since completed seven strategic add-ons. Marco will continue to pursue strategic acquisitions to augment the Company’s current product offering and geographic reach. Chris Jones, Matt Bowen, Brad Mundt and Ben Bryles worked alongside Marco management on the transaction.

About Marco Rubber & Plastics

Over the last 40 years, Marco has evolved into a tech-enabled, independent solutions provider delivering high-performance specialty rubber, plastic and metal components to a diverse set of end markets around the world. Today, the Marco team leverages cutting-edge technology to help its customers quickly source their most demanding sealing and precision component parts. Marco delivers competitive advantage by providing customers high levels of service, technical expertise and digital tools to ensure they choose the right product for their specific application need. For more information, visit marcorubber.com.

About Align Capital Partners

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to help create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.