Monument MicroCap Partners Announces Sweet Tooth Holdings, LLC has Acquired Stelised and MADA

Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that on July 2, 2026, its portfolio company Sweet Tooth Holdings, LLC (“Sweet Tooth”) completed the acquisitions of Stelised and MADA – two closely integrated plastic injection molding businesses based in Shelbyville, Kentucky. Stelised operates as a custom molder and toolmaker, while MADA produces proprietary molded products across several verticals.

The acquisitions increase Sweet Tooth’s manufacturing capacity and expand its geographic footprint while broadening the platform’s end-market exposure. Stelised adds an extensive in-house tool room and value-added capabilities including ultrasonic plastic welding, assembly, hot stamping, and pad printing. With added capacity and a wider set of capabilities, the combined platform is well positioned to serve a broader customer base and win new business across its confectionery, commercial, and display end markets.

“Brian and his team share our hands-on, customer-first approach, and from our first conversation it was clear how naturally the businesses fit together,” said Tim Goddeau, President of Sweet Tooth. “With the added capacity and capabilities, we can take on additional work, respond faster, and bring more to every customer relationship. I’m looking forward to growing alongside Brian and the team.”

“Joining forces with Sweet Tooth was a natural fit,” said Brian Desilets, President of Stelised. “We share the same values and the same commitment to quality and service. Partnering with Tim (Goddeau) and the Monument team gives us the resources to invest in our people, expand our sales efforts, and pursue new customers and markets. I’m proud of what our team has built over the past 25 years, and I’m excited about the road ahead together.”

Stelised and MADA represents the second and third add-on acquisitions by Sweet Tooth since its recapitalization by Monument in October 2023. Sweet Tooth also acquired Inter Molds Inc., a Bay Shore, New York-based aluminum mold maker, in December 2023.

About Stelised & MADA
Headquartered in Shelbyville, Kentucky and founded in 1998 by Brian Desilets, Stelised is a custom plastic injection molder and toolmaker with a strong reputation in the permanent retail display sector, producing endcap displays, cosmetic trays, and specialty fixtures, among other products. Beyond molding, Stelised offers in-house tooling, ultrasonic plastic welding, assembly, and decorative services such as hot stamping and pad printing. Its affiliate MADA, established in 2012, designs and manufactures a line of proprietary molded products sold across building products, HVAC, and shelving end markets. The two businesses function as a single, integrated operation across two nearby facilities totaling more than 120,000 square feet. Stelised and MADA were represented in the transaction by MBS Advisors of Florence, Massachusetts.

About Sweet Tooth
Based in Edgewood, New York, Sweet Tooth is a low-volume, high-custom provider of tooling and injection molding services operating through two divisions: Micelli Chocolate Mold Company and Aztec Tooling & Injection Molding Company. Founded in 1947, Micelli is the largest manufacturer of polycarbonate chocolate molds in North America, serving customers ranging from artisanal chocolatiers to large industrial confectionery manufacturers. Acquired in 2021, Aztec extended the Company’s commercial molding capabilities into end markets including dental, medical, electronics, and point-of-purchase displays.

About Monument
Monument is a Midwest-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including niche manufacturing, business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.

Please contact Tim Hildebrand (ti*@**************ap.com) or Jack Ronan (ja**@**************ap.com) at Monument for additional information.