Wind Point Partners, A Chicago-Based Private Equity Firm, Have Partnered with Ontario Teachers’ Pension Plan (Ontario Teachers’) to Acquire Aurora Material Solutions, Inc. (“Aurora” or The Company)

“We are excited to acquire Aurora in partnership with Ontario Teachers’ and invest in the next phase of their growth,” said Nathan Brown, Managing Director with Wind Point. “Aurora’s prior ownership and current management have established a culture of excellence and innovation that consistently gets passed down to the company’s customers. Our investment will support the management team’s new product development and expanding geographic reach.”

Mike Fitzpatrick will serve as the chairman of Aurora’s holding company. Mike has been an executive advisor partner (“EAP”) at Wind Point since 2005, and from 2007 to 2012 served as chairman and chief executive officer (CEO) of Citadel Plastics Holdings (“Citadel”), a leading compounder of thermoplastic and thermoset resins. Mike will be joined on Aurora’s board of directors by Guy Broadbent, also a Wind Point EAP who most recently served as CEO of Argotec, a Wind Point-owned specialty plastics film producer.

“Aurora has grown into the highest-quality PVC compounder in the industry,” said Fitzpatrick. “Aurora’s world-class, highly-automated facilities ensure consistent product quality and serve as a testament to the culture of excellence throughout the organization.”

“Aurora has over 17 years of experience of producing high-quality PVC compounds for customers across North America. By transitioning ownership to growth investors like Wind Point and Ontario Teachers’, Aurora will be better positioned for a new and exciting period of growth. This renewed investment reflects Aurora’s commitment to PVC compounding and helps us serve our customers better with greater resources dedicated to product development and availability,” said Jim Domo, president & CEO of Aurora Material Solutions Inc.

Wind Point is an active investor in plastic compounding, extrusion, film and converting businesses with previous and current investments including Citadel Plastics, Argotec and Novolex.