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Location
-, IA, US
Primary Industry
Industrial Machinery
About
Lomont Molding, LLC is a provider of specialized plastic molding solutions, focusing on custom molding, engineering, and advanced manufacturing processes to serve various industries effectively. Lomont Molding, LLC specializes in providing plastic molding services. The company was acquired by Summit Equity Group in August 2014, and operates from Mount Pleasant, US. Jason Bender is the current CEO of the company.
Lomont Molding, LLC specializes in providing comprehensive plastic molding solutions, including custom molding, design, engineering, and tool development. Their core offerings include high-pressure plastic injection molding, extrusion, structural foam molding, blow molding, and over-molding, designed to meet diverse manufacturing needs across industries such as automotive, electronics, medical devices, and consumer goods. With a commitment to ISO 9001:2015 certification, Lomont ensures high-quality products suitable for large-scale production runs, serving clients primarily in North America, Europe, and Asia. Lomont Molding conducts its business through a direct-to-business model, engaging in B2B transactions with various industries requiring custom plastic components.
The company generates revenue through contracts for molding services structured by project scope and complexity. Clients typically engage Lomont for tailored solutions, including secondary operations such as assembly, painting, and packaging. Pricing structures are determined by material choice, design complexity, and production volume, ensuring competitive rates aligned with industry standards. The company's flagship offerings, including gas assist injection molding and over-molding services, are integral to their revenue generation.
Lomont Molding plans to expand its product line by introducing new molding technologies by the end of 2025. The company aims to explore markets in South America and Africa, targeting these regions for expansion by late 2025. The recent acquisition by Summit Equity Group will facilitate these initiatives, although specific funding allocations have not been disclosed.
Summit Equity Group
Industrial Machinery
Engineering, Industrial Machinery
http://www.lomont.com
Manufacturing
Mature - Buyout
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Lomont | - |
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