Monument Announces Sweet Tooth Enterprises has Acquired Inter Molds Inc.

Monument MicroCap Partners, LLC (“Monument”), a Midwest-based private equity firm, announced today that its portfolio company, Sweet Tooth Enterprises, LLC (“Sweet Tooth”) completed the acquisition of Inter Molds Inc. (“Inter Molds”). Based in Bay Shore, New York, Inter Molds is an aluminum mold-maker for commercial applications serving injection molders in the eastern United States. With the strategic acquisition of Inter Molds, Sweet Tooth’s Aztec division gains in-house access to additional commercial toolmaking capabilities as well as increased capacity in CNC machining.

Sweet Tooth President, Tim Goddeau said, “The Sweet Tooth team is thrilled to partner and combine forces with Inter Molds. Inter Molds adds sophisticated toolmaking knowledge, experience and capability with equipment that extends Sweet Tooth’s ability to serve our customers.”

“Joining forces with Sweet Tooth will allow Inter Molds to better serve our clients due to the increased capabilities of the combined entity. Sweet Tooth and Inter Molds are a great partnership, and there is a strong cultural fit between our organizations,” said Victor Goncalves, President at Inter Molds.

Inter Molds represents the first add-on acquisition by Sweet Tooth since its recapitalization by Monument in October 2023.

About Inter Molds

Established in 1990, Inter Molds is an aluminum mold-maker for commercial applications based out of Bay Shore, New York, serving injection molders in the eastern United States.

About Sweet Tooth

Based in Edgewood, New York, Sweet Tooth is a low-volume, high-custom provider of tooling and injection molding services operating two divisions: Micelli Chocolate Mold Company (“Micelli”) and Aztec Tooling & Injection Molding Company (“Aztec”). Micelli is the largest manufacturer of injection polycarbonate chocolate molds in North America and is the preferred supplier for a wide spectrum of North American chocolate manufacturers, ranging from artisanal chocolatiers to large-scale industrial chocolate manufacturers. Aztec specializes in custom tooling (molds) and injection molding services for commercial markets including point-of-purchase displays, food, pharmaceuticals, cosmetics, automotive and retail industries.

About Monument MicroCap Partners, LLC

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 (tim@monumentmicrocap.com) or Cosmin Dordea (cosmin@monumentmicrocap.com) at Monument for additional information.