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

Comar merging with Convergence Packaging

October 21, 2014 5:07 pm ET

A couple of plastic packaging companies owned by private investment firm Graham Partners are merging into a single entity.    More

Image

Celanese buys conductive polymer supplier

October 21, 2014 4:31 pm ET

Materials firm Celanese Corp. has acquired most of the assets of conductive polymers maker Cool Polymers Inc. for an undisclosed price.    More

Image

Report: SVP takes Klöckner Pentaplast off the market

October 21, 2014 4:19 pm ET

Plastic sheet leader Klöckner Pentaplast Group is no longer for sale, according to an Oct. 21 Reuters article.    More

Image

Wisconsin cast film maker buys Ohio blown film specialist

October 21, 2014 2:57 pm ET

A Midwest U.S. acquisition has created a company armed with two distinct film technologies: cast films and coextruded blown film constructions.    More

Image

Asia continues driving sales for Engel

October 21, 2014 2:42 pm ET

The number seven seems to be special for European plastics machinery makers at the moment — injection press giant Engel Holding GmbH said Oct. 1...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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