Carolina Precision Plastics, LLC

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Carolina Precision Plastics, LLC - overview

Established

2017

Location

-, NC, US

Primary Industry

Materials

About

Carolina Precision Plastics, LLC is a provider of advanced manufacturing solutions, specializing in precision plastic components and assemblies that serve various industries, enhancing operational efficiency and product quality. Founded in 2017 and headquartered in the US, Carolina Precision Plastics, LLC specializes in the design and production of precision plastic components. The company was acquired in July 2021 by Westfall Technik, Inc. , a move intended to expand their operational scope into new geographic regions.


CPP Global specializes in providing innovative solutions aimed at enhancing operational efficiency and security for its clients. The company's core offerings encompass a suite of advanced software applications designed to streamline business processes, improve data management, and ensure robust cybersecurity measures. These products are particularly relevant for industries such as finance, healthcare, and e-commerce, where the need for secure transactions and efficient data handling is critical. CPP Global has established a diverse customer base that includes large enterprises and small to medium-sized businesses across North America, Europe, and Asia.


Their clientele benefits from tailored solutions that address specific challenges within their respective sectors, enhancing overall productivity and security. CPP Global generates revenue through a structured model that includes subscription-based services and direct partnerships with businesses. Clients typically engage in multi-year agreements for software licenses, which provide ongoing access to the latest features and updates. In addition, the company offers tiered pricing plans that cater to different organizational sizes and needs, ensuring scalability for its customers.


Flagship products, which include proprietary cybersecurity solutions and data management tools, play a pivotal role in driving sales. These transactions are characterized by both direct-to-consumer sales and B2B transactions, allowing CPP Global to maintain a steady stream of revenue from diverse market segments. Following the acquisition on July 2, 2021, Carolina Precision Plastics, LLC will support Westfall Technik, Inc. 's expansion strategy by establishing its first manufacturing plants in the southeastern United States, specifically in Mocksville and Asheboro, North Carolina, along with a facility in Kaiping, China, in Guangdong Province.


This will enhance their geographic footprint and operational capabilities.


Current Investors

Westfall Technik, Inc.

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.cppglobal.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Carolina Precision Plastics, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCarolina Precision Plastics, LLC-

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