Eagle Plastics
Eagle Plastics, Inc.
Fund: I
Investment Date: December 1993
Exit Date: July 1998
Headquarters: Hastings, Nebraska
Eagle Plastics, Inc. (“Eagle”), headquartered in Hastings, Nebraska, is a leading manufacturer of plastic pipe in the Midwest. Eagle specializes in extruding polyvinyl chloride and polyethylene pipe products for use in plumbing, turf irrigation, water wells, sewer lines, natural gas transportation and fibre optics.
Merit provided subordinated debt and common stock to finance a leveraged acquisition by management and other investors.