Private equity firm buys Webex

By Bill Bregar
Senior Staff Reporter

Published: January 10, 2013 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Film & Sheet, Machinery, Molds/Tooling

NEENAH, WIS. (Jan. 10, 12:40 p.m. ET) — Bertram Capital Management LLC — the California private equity firm that bought flat-die builder Extrusion Dies Industries LLC in 2010 and sold it less than two years later — has purchased Webex Inc., a Neenah-based supplier of precision rolls for web handling and film and sheet converting.

Bertram Capital made an equity investment and also provided subordinated debt to finance the deal, which was announced Jan. 9. It closed the day before Christmas. The seller was Rosemont, Ill.-based private equity firm Wynnchurch Capital Ltd., which had partnered with Paul Schulz to buy Webex in 2007.

Terms were not disclosed.

Webex designs and manufacturers a range of web products, including chill rolls, heating rolls, printing cylinders, coating and embossing rolls, and shaft idlers. Its markets include flexible packaging, paper, consumer products, food and beverage, aerospace, pharmaceutical and health care, alternative energy and general industry.

Bertram Capital, based in San Mateo, Calif., invests in middle-market companies, typically allocating $25 million to $100 million to each investment.

Last year, Bertram Capital sold EDI to Nordson Corp.


Comments

Private equity firm buys Webex

By Bill Bregar
Senior Staff Reporter

Published: January 10, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Acquisition expands Rieke Packaging's stake in Asia

July 28, 2014 4:39 pm ET

Diversified rigid packaging components producer Rieke Packaging Systems now has a bigger footprint in Asia.    More

Image

Two medical device makers add specialty products through acquisitions

July 28, 2014 3:02 pm ET

The medical merger mania continues this summer as two more medical device manufacturers are swallowed up by bigger competitors.    More

Image

Deal combines US packaging thermoformers

July 28, 2014 12:42 pm ET

Thermoformed medical packager Nelipak Corp. is expanding its North American holdings and access to the U.S. health care market with the purchase of...    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    More

Image

Sealed Air's move to Charlotte will put it all under 'One Roof'

July 25, 2014 2:03 pm ET

Sealed Air Corp. shook the ground last week by announcing plans to relocate its headquarters from Elmwood Park, N.J., to Charlotte, N.C., in a move th...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events