We are pleased to announce that the Principal of SRP Advisors, LLC initiated and acted as financial advisor to Value Plastics in connection with the acquisition of Double Check Valve (DCV). Value Plastics, Inc. makes and markets an innovative line of fluid management components designed specifically for flexible tubing. Value Plastics products find global application in demanding healthcare OEM, research and specialty industrial applications. SRP Advisors is pleased to announce that, as of December 10, 2007, Value Plastics announces the acquisition of the Double Check Valve (DCV) product line from Wolfe Tory Medical in Salt Lake City, Utah. The DCV product line is a uniquely designed check valve which facilitates, through use of the valve and a syringe, clean transfer of fluid from a supply to the use site.
Bruce Williams, CEO of Value Plastics, said, “We took the opportunity to acquire this product line because it fits our strategy of bringing additional high-value products to the healthcare OEM. The products’ technology and materials fit very well with Value Plastics’ demonstrated capabilities, and the existing customer set fits our profile and sales channels.”
About SRP Advisors, LLC
SRP Advisors, LLC provides merger and acquisition advisory services to both buyers and sellers of middle market companies. SRP Advisors works with owners of private companies across all industry segments who might be interested in exploring alternatives for their company such as a full or partial sale of the business, an investment in the business from a private equity group, or a transition of ownership to management or the next generation of family. SRP Advisors also provides strategic acquisition advisory services for public, private and private equity sponsored companies looking to grow their business through mergers and acquisitions. Contact Sean Prendergast, Managing Partner at 818-514-8959.