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

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

MonoSol optimistic it can reach new markets with water soluble films

January 26, 2015 4:46 pm ET

MonoSol LLC — riding a wave of growth spurred on by the rapid adoption of water soluble detergent packets in recent years — is looking to ...    More

Image

J6 Polymers to buy Stepan unit

January 26, 2015 12:22 pm ET

NORTHFIELD, ILL. — Stepan Co. plans to sell its specialty polyurethanes systems business to J6 Polymers LLC in a cash deal.    More

Image

W&H buys bigger stake in BSW

January 23, 2015 10:43 am ET

Windmoeller & Hoelscher KG will get more involved in flexible packaging machinery through its bigger stake in machinery maker BSW Machinery Handels-...    More

Image

Esterform buys Constar UK, doubles PET preform capacity

January 23, 2015 10:07 am ET

Constar UK, once part of global packaging firm Constar International Holdings LLC, has a new owner.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events