Vanseal acquired by Blue Point

US custom moulded rubber, plastic and sealing components maker Vanseal Corporation, along with sister companies Ritus Corporation and Classic Molding, has been acquired by Blue Point Capital Partners (BPCP). 

“This is an exciting new chapter for our engineering-driven platform, talented employees, and valued customers. Blue Point Capital brings an operating team with an understanding of our marketplace,” stated Tom Gebhardt, CEO of the three operating companies. “This arrangement gives us the resources to continue our strategic growth and expand our service capabilities.”

The acquisition is Blue Point’s first in chemicals and plastics.

Founded in 1963, Vanseal, headquartered in Milwaukee, Wisconsin, designs and manufactures a variety of products including mission-critical seals, wiring grommets, tubing and moulded thermoplastics primarily for the aerospace & defence, automotive, industrial, oil & gas, marine and medical end markets. 

  Blue Point says it understands the elastomeric market well given its prior experience and success with the BPCP II platform company, Quality Synthetic Rubber.  

 “Over the last five decades Vanseal has continually looked for ways to expand their platform and add value for their customers.  Blue Point has partnered with over 25 custom material manufacturers over the years and is positioned to support management in identifying the most attractive paths for growth and building additional internal capabilities to execute against the core growth strategies,” said Jonathan Pressnell, a Principal with Blue Point.