Blue Sage Capital announced that an affiliate of All-State Industries Inc., a West Des Moines-based leading provider of nonmetallic components for original equipment manufacturers, has acquired Allied Plastics LLC, a thermoformed plastics manufacturer based in Twin Lakes, Wis. Financial details of the acquisition were not disclosed. The transaction marks the second sizable acquisition All-State has completed since partnering with Blue Sage, an Austin, Texas-based private equity firm, in 2019. The combined business will be one of the largest providers of nonmetallic components in its markets, with eight total manufacturing facilities in the United States and Mexico. Allied specializes in medium-to-heavy-gauge thermoformed plastic components for agriculture and heavy equipment OEMs, consumer products, and packaging/dunnage industries. “We are very proud to welcome Allied into the All-State family, as they have built an exceptional business and are poised for continued growth,” said Scott Pulver, CEO of All-State. Blue Sage partnered with the Pulver family in 2019 to support All-State in solidifying its leadership position within its existing end markets while further expanding its capabilities and entering new markets via acquisition.