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Thunderbird Announces The Acquisition Of Bright Plastics Inc.

Jul 19, 2022•almost 3 years ago

Acquiring Company

Thunderbird

Acquired Company

Bright Plastics

Commerce And Shopping

Description

Thunderbird LLC has announced the acquisition of Bright Plastics Inc., located in Greensboro, North Carolina. For more than 30 years, Bright Plastics has been committed to helping companies solve problems and find affordable solutions to their manufacturing needs. The addition of Bright Plastics to the Thunderbird portfolio of manufacturing companies expands its injection-molding support for a range of industries, including medical, defense, aerospace, transportation, recreation, waste management, and telecom.

Company Information

Company

Thunderbird

About

Thunderbird is a hands-on team of professional leaders dedicated to building sustained business growth for American manufacturing companies. As part of its active management process, Thunderbird elevates companies through continuous improvement and capital investments. A unified pursuit of excellence, teamwork, and innovation guides the Thunderbird long-term ownership model. Thunderbird enables people to grow, companies to soar, and customers to succeed. https://www.thunderbirdllc.com/

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed