HC PRIVATE INVESTMENTS ANNOUNCES SALE OF SPRINGBOARD MANUFACTURING TO CURRIER PLASTICS
CHICAGO — January 12, 2026 — HC Private Investments (“HCPI”), a Chicago-based private equity firm, announced today the sale of its portfolio company, Springboard Manufacturing (“Springboard”), to Currier Plastics (“Currier”), a Sheridan Capital Partners portfolio company. Currier also acquired MOS Plastics (“MOS”), a Springboard add-on acquisition, as part of the transaction. HCPI retained a minority equity investment in the combined businesses. Terms of the transactions were not disclosed.
“We partnered with Springboard’s current leadership team in 2019 with the goal of building a best-in-class medical device injection molder,” said HCPI Managing Partners John Kelly and Matt Moran. “We are extremely proud of the work the team accomplished to build the current Springboard business and look forward to partnering with the Sheridan and Currier teams as we execute on the next phase of the combined companies’ growth within the medical sector.”
The combined company will operate five facilities across the US with over 400,000 square feet of manufacturing space, including meaningful Class 8 and Class 7 cleanrooms space. John Weber, former CEO of Springboard, has joined the Currier Board of Directors as part of the transaction.
“Both Springboard and MOS will be better positioned to realize their full potential as a part of Currier, benefiting from a dedicated sales force as well as operational resources that have enabled Currier to earn its strong reputation for quality and service,” added Weber.
“Springboard has built a strong foundation for growth within the medical sector,” said Michael Bernard, Partner at Sheridan Capital. “Completing these acquisitions so early in our ownership period accelerates our value creation plan for Currier while also providing new opportunities for the combined business.”
Winston & Strawn LLP served as legal counsel to Springboard and HC Private Investments. McDermott Will & Schulte LLP served as legal counsel to Sheridan Capital Partners and Currier. MBS Advisors served as financial advisor and Ramsey Law Group served as legal advisor to MOS Plastics.
ABOUT HC PRIVATE INVESTMENTS
HC Private Investments is a private equity firm focused on making investments in consumer and industrial manufacturing businesses. With a focus on being the first institutional investor in a business, HCPI seeks to partner with business owners, executives, and management teams to identify opportunities to remove impediments to growth, enabling companies to maximize their full value potential. For more information, please visit www.hcprivateinvest.com.
ABOUT SERIDAN CAPITAL PARTNERS
Sheridan Capital Partners is a private equity firm focused exclusively on partnering with businesses across the healthcare landscape, including outsourced services, products and manufacturing, providers, and software and technology. Sheridan’s engaged operational approach brings strategic resources and deep industry expertise with the purpose of accelerating growth, building enduring value, and generating strong results. For more information, visit www.sheridancp.com.
ABOUT CURRIER PLASTICS
Founded in 1982 and based in Auburn, New York, Currier Plastics is a manufacturer of custom, precision plastic components used primarily in healthcare and life sciences. Utilizing advanced custom blow and injection molding, Currier manufacturers tight tolerance custom components in ISO Class 7 and Class 8 cleanrooms. The Company also offers value-added services such as design engineering, material selection, and assembly. For more information, visit www.currierplastics.com.
For more information please contact:
John Kelly at jpk@hcprivateinvest.com
Matt Moran at mjm@hcprivateinvest.com