As custom bootfitters, Pulse Boot Lab take's a comprehensive approach to getting you the right fit in a ski boot. From their own proprietary scanning technology to custom injection liners, they can find you the ultimate fit for best performance and comfort. Their highly skilled and experienced bootfitters will take you through the process with an analytic approach using technology to support their recommendations and show you the best fit, customized to your needs. Their Process Step 1: Profile Detailed information about your wants, needs and expectations of your equipment. Your unique profile and measurements help them create a ‘blueprint’ to effectively determine a great direction. Step 2: Shell The most important element of the fit is the correct size, shape and performance level of the shell. From your skier profile they are able to stream line the process and narrow the selection to a few models. Step 3: Footbed Supporting the foot inside the shell reduces hot spots, improves control and increases circulation. In the same way a well built house relies on it’s foundation, your feet rely on support. Step 4: Liner ProFit Injection liners compliment, and complete the overall fit. Perfectly filling the voids that exist between the shell and your supported foot ensures the best possible result. To find out more and book an appointment, visit them at https://pulsebootlab.com/

GRAND RAPIDS, Mich., July 03, 2024 (GLOBE NEWSWIRE) -- Blackford Capital (“Blackford”), a leading lower middle market private equity firm, announced today the acquisition of Industrial Molding Corporation (“IMC”), an injection molded plastic products manufacturer and subsidiary of NN, Inc. (NASDAQ: NNBR), as the first add-on acquisition for its portfolio company, Davalor Mold Company, LLC (“Davalor”).

Looking for the high performance boot of your dreams that doesn't kill your feet? Look no further than Pulse Boot Lab, a specialty boot specific shop located in the hotspots of the Canadian ski scene. If you ever find yourself in Banff, Revelstoke, or even out east in Collingwood these guys have you covered. What exactly do they do? Try 3D scans of your foot to find the best matched boot, foam-injected liners to ensure that boot is perfect for you, and fully custom footbeds for the all around package of having the best fitting boots on the mountain. I was lucky enough to meet up with Jesse at the Banff location to get the full treatment. And after a season of riding, I’m impressed. I’ve never had a custom footbed let alone a custom liner, and it will be a struggle going back to anything less than that. While Pulse offers the full service of finding you the right boot from the start, I rolled in with a season old set of Nordica ProMachine 130’s. As much as I wish it would fit perfect, they were off the mark and in need of some serious improvement. The combination of the foam-injected liner and custom footbed made an incredible difference in my enjoyment of a day at the hill. I can actually make it from bell to bell without unbuckling my boots every chance I can. The liner stiffens up the boot, taking my broken in 130 up to about 140, which made big stomps more stable, hard charges less sketchy, and in general made me feel way more in control of my skis. The upgrade from a trim-to-fit foot bed up to the custom one is something I regret not doing sooner. Having arch support matched to your feet is such a game changer in trying to endure a full ski day. So if you're struggling to get a boot that feels just right, or just want to upgrade your current set, Pulse is the place to go. - @curt_

Perfectly timed to realize strong cost synergies and drive non-organic growth, the acquisition of IMC is the first addition to the Davalor platform since being acquired by Blackford Capital in 2016. The expanded platform marks an initial stride toward establishing a global, full-service plastics injection molding business with a wide range of capabilities and a diversified, global customer base.

“Industrial Molding Corporation is an exceptional addition to the Davalor platform, expanding strength of leadership and depth and breadth of capability. Their seasoned leadership team and deep expertise in the plastics injection molding industry will be a capability multiplier for our customers,” said Martin Stein, founder and managing director of Blackford Capital. “With the addition of IMC, we are building a solid foundation for accelerated and sustained growth within the Davalor platform, paving the way for continued expansion and innovation.”

IMC is an independently run subsidiary of global precision metal manufacturer NN, Inc. Founded in 1947, IMC is a leading manufacturer of precision-engineered injection molded industrial components with international blue chip customers in a wide variety of end markets. The Lubbock, Texas-based manufacturer has an exceptional, long-tenured management team who will continue in their current roles.

Davalor, a manufacturer and distributor of injection molded plastic products primarily for the automotive industry, is headquartered in Chesterfield, Michigan. Under a new leadership team that includes CEO John Boeschenstein, Davalor's business has experienced rapid organic growth and an expanding customer mix in recent years.

“We are excited to welcome the IMC team to Davalor. We are committed to providing our customers with the most advanced, most reliable injection molded plastic products available. As we seek to expand our capabilities beyond our core plastic injection molding offering, we are thrilled to have found a strategic partner with a great management team, a professional and highly capable staff, and a strong, design-for-manufacturing approach to injection molded plastics. I look forward to working together to expand our capabilities on a national scale,” said Boeschenstein.

About Davalor Mold CompanyFounded in 1979, Davalor Mold Company is a manufacturer and distributor of injection molded plastic products. Headquartered in Chesterfield, Michigan, Davalor offers a wide variety of molded plastic products found in OEM level automotive corporations, which are supplied by Tier 1 automotive suppliers. To learn more about the company, visit www.davalor.com.

Blaige & Company served as the exclusive financial advisor to NN, Inc. on the transaction. Greenberg Traurig, LLP served as counsel for Blackford Capital, with legal entity support from Varnum LLP. Parliament Capital Management provided lending for the acquisition, with legal support from DLA Piper. Plante Moran advised on financial and tax diligence, and Signature Associates CRE brokered the Sale Leaseback transaction with STORE Capital.

Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/1a085ecb-39c6-4fd8-9d69-5ea8b4645ddehttps://www.globenewswire.com/NewsRoom/AttachmentNg/d5c29c8e-1bd5-46cc-b045-6f3ce01f6853

About Blackford Capital Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. Blackford has a track record of exceptional returns, a disciplined and relentless approach to value creation, and a focus on operational excellence and a compelling culture. In 2023, Blackford Capital was named to Inc’s list of Founder-Friendly Investors, was recognized by ACG Detroit with the 2023 M&A Dealmaker of the Year Award and awarded the 2023 Small Markets Deal of the Year award by both Buyouts Magazine and the Global M&A Network Atlas Awards. For more information, visit www.blackfordcapital.com.