Sky Peak Capital, an operationally-driven investment firm focused on building long-term partnerships with founder-led, lower middle market industrial businesses, is pleased to announce its acquisition of TriStar Plastics Corp., a leading provider of engineered plastic solutions and self-lubricating bearings.

Founded in 1982 by CEO Richard Cedrone and later joined by President Dave Mello, TriStar Plastics has grown into a trusted name in high-performance plastics. Headquartered in Shrewsbury, Massachusetts, the company delivers a full suite of engineering services, including component design, material selection, prototyping, and production manufacturing. Its proprietary product lines – Rulon®, Ultracomp®, CJ Bearings, and TriSteel™ – serve critical sectors such as aerospace, defense, medical, and food processing. With additional facilities in North Carolina, Illinois, and California, TriStar offers nationwide support to its growing customer base.

Read full press release here.