Press release

Sole Source Capital Portfolio Company Dallas Plastics Acquires Hi-De Liners

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Sole Source Capital LLC, an industrial-focused private equity firm, announced today that its portfolio company, Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets, has acquired Hi-De Liners, Inc. Terms of the transaction were not disclosed.

Headquartered in Orange, MA, Hi-De Liners is a manufacturer of blown high-density polyethylene (HDPE) and linear low-density polyethylene film (LLDPE), selling primarily to the industrial and converter end markets. Through this transaction, Dallas Plastics will add a fourth manufacturing facility to its US operations. The increased scale and geography enhances Dallas Plastics’ customer base and strengthens its leadership position in the production and distribution of high-performance specialty films used in flexible packaging.

“We’re excited to welcome Hi-De Liners to Dallas Plastics. Its focus on HDPE products are a great addition to our growing company. We look forward to continuing to provide Hi-De Liners’ customers with the excellent customer service they’ve come to expect from Bill Horne and his team over the past 13 years,” said Kevin Pierce, CEO of Dallas Plastics.

“Hi-De Liners has a proven commitment to providing customized solutions to its customers and will be a great fit with the Dallas Plastic’s team. This is Sole Source’s 18th transaction, and another example of being the preferred partner for private and founder-owned companies,” said Scott Sussman, Partner of M&A Sole Source Capital.

As a portfolio company of Sole Source Capital, Dallas Plastics has continued its expansion across North America by leveraging Sole Source Capital’s operational expertise, networking and M&A experience with leading industrial companies.

About Sole Source Capital

Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that thematically invests in fragmented, high-growth industrial subsectors. Sole Source seeks founder-owned businesses or corporate carve-outs that will benefit from the team’s operating and M&A capabilities. The Firm has a strong operating heritage that enables it to execute a buy and build strategy with significant downside protection. The Firm is headquartered in Dallas, Texas with offices in Santa Monica, California. For more information, please visit or contact

About Dallas Plastics

Headquartered in Mesquite, Texas and with locations in Longview, Texas and Wentzville, Missouri, Dallas Plastics is a leading manufacturer of blown polyethylene film with printing, embossing and other value-added capabilities for the medical, food and industrial end markets. As experts in blown film manufacturing, the Company works to provide quality, integrity, value and innovation to their customers. For more information, please visit

About Hi-De Liners Inc.

Headquartered in Orange, MA, Hi-De Liners manufactures high density and linear low density polyethylene bags and film using only FDA approved, virgin resin to ensure its products exceed our customers’ expectations. Our flexible packaging products are used in a variety of industries that include but are not limited to janitorial supply, hospitality, seafood, bakery, medical, and manufacturing. For more information, please visit