Humble Enterprises, together with operating partners Matt and Cindy Rogers, is proud to announce the successful acquisition of Plas Tech Extrusions Ltd . (“PTE”).

Humble is a Toronto based firm that invests in lower mid-market companies in Canada. PTE is a custom manufacturer specializing in plastic extrusions in Ontario.

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Scott Newhouse, Managing Partner of Humble says, “We have partnered with a company known for its talented team, exceptional reputation among its loyal customers, and a great platform capable to service other customer verticals. We are truly proud to be entrusted with the opportunity to carry forward the outstanding legacy established by Gerry and Patricia. "

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Gerry Hickey, President, a founding family member said, “We are very excited to be partnering with Humble Enterprises as they share the very same values upon which Plas Tech was founded almost 40 years ago. We believe that Humble’s team, resources, and expertise will significantly contribute to Plas Tech’s success in the years ahead.”

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After a transition period, Humble’s COO, Matt Rogers, will assume the role of President. “I am thrilled to have the opportunity to collaborate with the talented and committed team at Plas Tech. Plas Tech has earned a strong reputation for quality and innovation, and I look forward to building on that success by fostering teamwork, driving operational excellence, and supporting continued growth.”

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About Humble Enterprises Inc

Humble is a Toronto based firm that invests in lower mid-market companies in Canada. Humble prioritizes building partnerships based on trust, empathy and shared goals. With a deep commitment to continuous learning and innovative solutions, we approach each opportunity with curiosity and an open mind. Our humble approach fosters collaboration and allows us to make a positive impact on our partners, their teams and the companies we serve.

Humble continues to look for, and acquire, other Canadian mid-market businesses in the $1-5M EBITDA range.

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About Plas Tech Extrusions

Plas Tech Extrusions Ltd. (“PTE”) is a plastic extrusions manufacturer founded in 1989. PTE has produced thousands of custom products for their customers including plastic price tag holders, c channel, u channel, plastic seals, display tags, price tags, lenses, sliding door tracks, large and small sign holders, door seals, window seals, window trim, plastic moulding, garage door seals, plastic trim, T-Molding, plastic pipe and more.

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For more information, contact:

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Scott Newhouse

Managing Partner Partner

Humble Enterprises  

647-779-0964  

newhouse@humbleenterprises.ca

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Jeff Pocock

Partner

Humble Enterprises

416-473-1970

pocock@humbleenterprises.ca

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