Acquiring Company
Banner Capital Management
Acquired Company
Seaway Plastics Engineering
Salt Lake CityHealth CareVenture CapitalManufacturingDescription
Banner Capital has entered into a definitive agreement to acquire Seaway Plastics Engineering, MME Group, and Wright Engineered Plastics. The transaction is expected to close in the fourth quarter of 2026. Ron Labrum will serve as Executive Chairman of the newly formed Seaway Group upon closing.
Fundz sees it the moment Banner Capital Management makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Seaway Plastics Engineering?
Seaway Plastics Engineering was acquired by Banner Capital Management, based in Salt Lake City. The deal was reported on October 1, 2026. Banner Capital Management, LLC is a private equity firm focused on investing in family-owned and founder-led companies in the western United States. Banner Capital Management is privately held and operates in Health Care.
When did Banner Capital Management acquire Seaway Plastics Engineering?
Banner Capital Management's acquisition of Seaway Plastics Engineering was reported on October 1, 2026. Banner Capital has entered into a definitive agreement to acquire Seaway Plastics Engineering, MME Group, and Wright Engineered Plastics. The transaction is expected to close in the fourth quarter of 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Seaway Plastics Engineering do?
Seaway Plastics Engineering is a trusted outsourced design and manufacturing partner to leading medical device OEMs. They specialize in precision injection molding, liquid silicone rubber, and complex assembly. It is privately held, operating in Manufacturing.
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