Products is a leading manufacturer and marketer of specialty stock and
custom plastic and foam disposable serving products sold worldwide through
foodservice and specialty advertising distributors, restaurant chains,
casinos, nightclubs and bars.
- Spirit, best known for its custom swizzle stick, is the market
leader in the stirrers, picks and specialty straws industries.
Its products also include promotional cups, napkins and servingware.
- Spirit provides unique and colorful ways for business owners to serve their patrons, including a custom-printing capability to help them cost-effectively advertise their establishments and improve brand awareness.
- Prospect teamed with veteran industry executive Donald C. McCann
and Spirit management to acquire the company in January 2006.
- Spirit subsequently acquired Master Containers, Inc. of Mulberry, Fla. (July 2007)
- Master Containers is a manufacturer of a broad line of stock and custom foam cups, lids and containers for hot and cold beverages.
- Prospect Partners sold Spirit to a strategic buyer in March, 2013.
- Mr. Holcomb and Mr. McCann served Spirit's Board as Directors.
- SIC Codes: 3089 (plastics products, not elsewhere classified);
2679 (converted paper and paperboard products, not elsewhere classified);
3086 (plastics foam products)