Texas Injection Molding has Received an Investment from Blackford Capital Management


Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce that it served as the exclusive financial advisor to Texas Injection Molding (“TXIM” or the “Company”) on its investment from Blackford Capital Management (“Blackford Capital” or “Blackford”).

Texas Injection Molding is a leading manufacturer of precision-engineered injection molded industrial components headquartered in Houston. The investment will provide capital for the continued expansion of the Company, as well as access to Blackford’s experience in identifying and integrating acquisitions.

Jeff Applegate, founder and CEO of Texas Injection Molding, will retain a substantial equity stake and focus primarily on supporting the team with strategy and growth of the Company. Manufacturing and industry executive Scott Osterling will join the team and assume responsibilities of CEO. Scott Kelley will remain as President, and Texas Injection Molding’s existing management team will continue to manage the Company in their current roles.

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