Prospect Partners Adds 35th Platform
Teams With 3rd-Party Equity Sponsor

Prospect Partners has formed Polymer Holding Corporation to acquire Polymer Corporation of Rockland, Mass. Polymer is a leading niche manufacturer of custom plastic parts and assemblies. Prospect Partners co-invested with independent equity sponsor Robert Underwood in the transaction.

Founded in 1979, Polymer produces low-volume, close-tolerance plastic parts and assemblies for a diverse nationwide group of blue-chip companies primarily in three niche market segments - medical equipment and instrumentation; firearms components and accessories; and defense, security, and aerospace.

A "one-stop" supplier, Polymer works with its customers through the complete product life cycle, employing a variety of high-precision production processes, such as stereolithographic rapid prototyping, liquid resin castling, injection molding and machining.

 Polymer becomes Prospect Partners' 35th platform company and the firm's latest co-investment with an independent equity sponsor. Since 1998, Prospect Partners has completed more than 20 transactions partnering with outside investors.

Going forward, Polymer seeks acquisitions of synergistic injection molding and reaction injection molding/pressure forming companies.