Hidden Harbor Capital Partners has acquired Norpex Micarta

Hidden Harbor Capital Partners has successfully completed the acquisition of Norpex Micarta, one of North America’s leading producers of high-performance thermoset composite materials. This transaction underscores Hidden Harbor’s focus on the chemicals sector and provides the operational and financial resources necessary to support the Norplex Micarta team as they scale operations and execute the company’s growth strategy.

Hidden Harbor Capital Partners is a private equity firm which helps create business success stories by building teams focused on execution. With over $1.9 billion in assets under management, Hidden Harbor is investing from its second fund, a $450 million vehicle.

Norplex Micarta is one of North America’s leading producers of high-performance, advanced thermoset composite prepregs, sheets and shapes for applications in electrification and industrial end markets. From its global headquarters in Postville, Iowa, to its satellite plant in Changzhou, China, Norplex Micarta works directly with original equipment manufacturers (OEMs) and other consumers of composite materials to develop new materials to solve unique challenges.

Oaklins TM Capital in New York served as exclusive financial advisor to Hidden Harbor Capital Partners in its acquisition of Norpex Micarta from Industrial Dielectrics Holdings, Inc. The Oaklins TM Capital team is a market leader in the specialty chemical and materials industry, having completed multiple buy-side and sell-side transactions in the sector across the US and Europe, involving private equity firms, family-owned businesses and strategic parties.