CLEVELAND and DALLAS, February 28, 2023 | Align Capital Partners’ (“ACP”) specialty supplier Marco Rubber & Plastics (“Marco” or the “Company”) has acquired Jet Gasket & Seal (“Jet”), a specialty distributor of seals, gaskets and related products primarily sold into the brewery end-market. Headquartered in Las Vegas, Nevada, Jet’s technical expertise and product availability has allowed it to become a market-leading provider of O-rings and sanitary gaskets across the U.S.
“We couldn’t be happier to become part of Marco. It is the perfect cultural fit as both companies have a relentless pursuit of quality, product excellence and customer service,” said Dwight Clark, Owner and President of Jet.
The Jet acquisition adds depth to Marco’s product portfolio and supplier network while opening new end markets for growth. Jet’s customers will gain access to Marco’s proprietary software platform which links its global supply network with more than 3,000 material formulations and over one million SKUs.
“This is a highly strategic acquisition for us. Jet’s proprietary product formulations, long standing supplier relationships and focus on e-commerce as a sales channel, make it a great fit for Marco,” said Marco CEO Marty Daley. “The addition of Jet opens new growth markets for us, expands our global sourcing capabilities and strengthens our already broad offering of products and services. I couldn’t be more excited to partner with Dwight and the Jet Team.”
ACP acquired a majority stake in Marco Rubber & Plastics in February 2020 and has since completed four strategic add-ons. Marco will continue to pursue strategic acquisitions to augment the Company’s current product offering and geographic reach. ACP Managing Partner Chris Jones, Operating Partner Bill White, Principal Matt Iodice and Associate Jacob Ham worked alongside Marco Management on the transaction.