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22455 Everton Avenue North
Forest Lake, MN 55025
Phone 763.535.2334

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Teamvantage, Custom Mold & Design and Paradigme Engineering acquired by Graham Partners, Inc.

 

FOREST LAKE, November 2, 2020 - We are pleased to announce that Minnesota based New Team LLC, the holding company of Teamvantage, Custom Mold & Design (CMD) and Paradigme Engineering, has joined forces with Graham Partners, Inc.

We are excited to grow our business through this strategic partnership. Going forward, we will continue to provide our brand of best-in-class service supported by the latest advancements in technology and equipment. Our existing management teams will continue to lead the charge for all day-to-day operations just like we have in the past. Graham Partners will provide operational resources and financial backing to foster our strong growth trajectory as we continue to build the business into a premier, vertically integrated manufacturing solution.

Teamvantage, Custom Mold & Design and Paradigme Engineering owner Ray Newkirk, said “Graham is the perfect strategic fit for New Team due to their network of industry relationships, operational expertise and track record of healthcare and defense investing – I'm excited to work alongside Graham Partners while continuing to hold an ownership stake in the company.”

A brief overview of our three companies is as follows:

Teamvantage (www.teamvantage.com) is a full-service contract manufacturer offering expertise in plastic injection molding, micro-molding, silicone molding, machining (metals, plastics, etc.), mold design and fabrication, assembly, testing, decorating, packaging, and more. Serving primarily medical device and defense industry customers, the company is ISO 9001:2015, ISO 13485:2016 and AS9100D certified, registered with the FDA, ITAR registered.

Custom Mold & Design (www.custommold.net) manufactures and designs fully interchangeable, high-precision injection molds including multi-cavity, multi-shot, metal injection, silicone, micro and ceramic molds as well as aluminum die casting molds for a wide range of industries. The company’s CMD – Precision Manufacturing Group division provides ultra-precision machined components and assemblies requiring fine detail.  Custom Mold & Design (CMD) is ISO 9001:2015 and AS9100D certified, a ToolingDocs certified mold maintenance provider and ITAR registered.

Paradigme Engineering (www.paradigme.net) is a premier mold design and fabrication facility that prides itself on providing creative tooling solutions at the lowest total cost. Our unique blend of imaginative engineering and precision fabrication has routinely resulted in the development of some of the most ingenious answers to complex manufacturing challenges for a host of different customers spanning numerous industries.

Our new parent company, Graham Partners (www.grahampartners.net), is a private investment firm located in suburban Philadelphia. Graham Partners invests in technology-driven companies that are spurring innovation in advanced manufacturing, with a particular focus on businesses in the healthcare, aerospace & defense, packaging, consumer & food technology, and industrial technology sectors. They currently manage ~$3.4B in capital.[1] The firm has access to extensive operating resources and industrial expertise and is a member of The Graham Group, an alliance of independent operating businesses, investment firms and philanthropic entities, which all share in the common legacy of entrepreneur Donald Graham with a heritage that dates back to the 1960s. Additionally, Graham Partners has a longstanding history of investing in plastic processing and metal machining businesses with differentiated and proprietary capabilities like Teamvantage, Custom Mold & Design and Paradigme Engineering.

We look forward to a long and prosperous future as a member of the Graham Partners family of companies.

 

For additional information contact:

Thomas Caron (This email address is being protected from spambots. You need JavaScript enabled to view it.)
Tel: 651.464.3900

 

[1] Differs from Regulatory Assets Under Management.

 

Custom Mold & Design is...

Custom Mold & Design is the industry leader for designing and building high-precision, fast cycling molds, machine components, and fixtures.

Serving a wide range of industries including medical, aerospace, consumer products, defense, and electronics; our experienced craftsmen work with the best machinery, tooling, and software, to provide you a single source for all of your molds, maintenance, fixturing, and machined component needs.

Welcome to Custom Mold & Design