Creative Foam Corporation
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Creative Foam Corporation - overview
Established
1969
Location
-, MI, US
Primary Industry
Materials
About
Creative Foam Corporation is a manufacturer specializing in engineered foam solutions and nonwovens, serving key markets such as transportation and healthcare with innovative components designed to enhance performance. Founded in 1969 in Fenton, US, Creative Foam Corporation focuses on providing high-quality engineered solutions across various industries. The company has strategically evolved its business operations to align with the growing demands of the healthcare and transportation sectors. It has engaged in two deals, with the most recent deal occurring on October 2, 2024.
The current CEO is Guillaume Caillé. Creative Foam specializes in providing engineered solutions across various industries, focusing on foam, nonwovens, adhesives, and healthcare solutions. The company’s core product offerings include high-quality components designed for the transportation, healthcare, and industrial markets. Their products are designed to improve performance by creating quieter, stronger, lighter, and safer applications.
Creative Foam serves a diverse clientele that includes leading global manufacturers in the automotive and medical technology sectors, as well as promising new technology companies. The geographical markets for these products span North America, with a strong emphasis on meeting the stringent demands of medical and transportation sectors. The revenue structure of Creative Foam is centered around B2B transactions, catering primarily to large-scale clients in the transportation and healthcare industries. Business transactions typically occur through contracts for custom-engineered solutions, where clients engage Creative Foam for specific projects that require a combination of their products and services.
These contracts may involve comprehensive agreements covering design, prototyping, production, and logistics. Specific pricing plans for flagship products, such as proprietary foam solutions and medical-grade components, are determined based on project specifications and material requirements, which are tailored to each customer’s needs. Creative Foam's extensive expertise and commitment to quality serve as key value propositions that drive revenue generation within their business model. In October 2024, Main Street Capital Corporation, alongside Bow River Capital, facilitated debt financing to Creative Foam Corporation, aimed at supporting Industrial Opportunity Partners' refinancing of the firm.
Future growth strategies include introducing new products designed to meet the evolving needs of the healthcare and transportation markets, although specific launch dates have yet to be disclosed. The company is also planning to expand its market presence, with targeted efforts in North America. The recent financing will bolster these initiatives, enabling Creative Foam to enhance its operational capabilities and product offerings.
Current Investors
Industrial Opportunity Partners
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
https://creativefoam.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Creative Foam Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Creative Foam Corporation | - | ||||||||
| Add-on, Trade Sale | Completed | Creative Foam’s MRI Coil Repair Operation | - | ||||||||
| Add-on | Completed | Assets of Aetna Felt Corporation | - | ||||||||
| Buyout | Completed | Creative Foam Corporation | - |
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