CHATTANOOGA, Tenn. (July 16, 2024) — FourBridges Capital Advisors announced today that Available Plastics, Inc. (“API” or “the Company”) has been sold to a group of private investors. FourBridges acted as the exclusive investment banker to Available Plastics and negotiated and structured the transaction on behalf of owner Sueanne Yarborough.

Founded in 1978, API is a Huntsville, Alabama-based plastics manufacturer, specializing in extrusion and injection molded products. API produces an extensive range of PVC products for diverse applications, from custom PVC extrusions to PVC pipe and tubing. API’s offerings cater to a wide variety of end markets including construction, manufacturing, and utilities. The company was started by Ms. Yarbrough’s father Dr. Louis Brown.

“We were pleased to work with Sueanne and the team at API on finding a buyer that met the financial objectives of a transaction as well as the personal objectives relating to employees and the legacy of the company”, said FourBridges Managing Director Andy Stockett.  “We are pleased to know that CEO Keven Cook and Operations Manager Anthony Peavy will remain with the company and be positioned to take it to the next level.”

API operates out of a 120,000 square foot facility, with 8 extrusion and 3 injection molding lines with a capacity 12 million pounds of product annually. The company has 46 full time employees.  

Legal advisors to Available Plastics were George Smith and Daniel Culpepper of the Huntsville office of Bradley Arant Boult Cummings LLP. 

About FourBridges
FourBridges Capital represents business owners who are thinking about selling their company, making an acquisition, or refinancing. The partners run a proven process to identify quality buyers, achieve the best value, and close a deal fast. For more information, visit fourbridgescapital.com.