Norplex-Micarta

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Norplex-Micarta - overview

Established

2003

Location

-, IA, US

Primary Industry

Forestry & Timber

About

Founded in 2003 and based in Iowa, US, Industrial Laminates/Norplex, Inc. , trading under the name Norplex-Micarta, operates as a manufacturer of thermoset composite materials, plastic lamination products, composite custom molded shapes, tubes, and sheets for industrial applications. In November 2024, Hidden Harbor Capital Partners acquired Norplex-Micarta from Composites International, Inc. Norplex-Micarta specializes in the development and manufacturing of advanced thermoset composite materials, utilizing epoxy, phenolic, melamine, and silicone resin systems.


Their product range includes composite sheets, tubes, and pre-pregs engineered for demanding applications across aerospace, medical, energy, and oil and gas exploration. The company’s flagship products, including EnableX™ for prepreg molding, EndurX™ for wear materials, and ElectroLAM™ for electrical insulation, are marketed to clients in architectural engineering and scientific research institutions largely within North America and Europe. Norplex-Micarta generates revenue through direct B2B sales of its composite materials across various industries, including transportation and energy. The company engages in long-term contracts to ensure consistent supply tailored to customer specifications.


Their pricing structures vary based on product specifications and order volume.   Following the acquisition by Hidden Harbor Capital Partners on November 1, 2024, Norplex-Micarta plans to expand its thermoset composite manufacturing capabilities. This initiative includes the development of new products to enhance their market offerings and explore expansion into additional markets.


Current Investors

Hidden Harbor Capital Partners

Primary Industry

Forestry & Timber

Sub Industries

Rubber & Plastics, Steel & Metals

Website

www.norplex-micarta.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Norplex-Micarta - 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)
Corporate Carve OutCompletedNorplex-Micarta-

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