Fenton, Mich., July 15, 2021 – Creative Foam Corporation (“Creative Foam”) today announced that it has acquired the assets of RAM Technologies (“RAM” or the “Company”). This transaction represents Creative Foam’s second acquisition in the medical industry in the past eight months. Terms of the transaction were not disclosed. RAM is a converter and fabricator
Evanston, Ill., November 19, 2020 – Industrial Opportunity Partners (“IOP”), an operations-focused private equity firm based in Evanston, Ill., today announced that its existing portfolio company Creative Foam Corporation (“Creative Foam”), has acquired the assets of Aetna Felt Corp. (“Aetna” or the “Company”). Terms of the transaction were not disclosed. We believe Aetna has a
Creative Foam founder Dr. Peter Thomas Swallow passed away on October 31, 2020, surrounded by his loving family. He was born March 4, 1933 in Detroit, MI to Leslie Thomas and Loretta Marie (Schmitt) Swallow. Peter graduated form U of D Jesuit High School and continued on to U of D College. He put himself
Evanston, Ill., October 10, 2017 – Industrial Opportunity Partners (“IOP”), an operations-focused private equity firm based in Evanston, Ill., today announced that it has made an investment into Creative Foam Corporation (“Creative Foam” or the “Company”), in partnership with existing shareholders and the current management team. Creative Foam, based in Fenton, Mich., represents the
