Maxcess International, a portfolio company of Bertram Capital, has signed an agreement to acquire Valley Roller Company. Valley Roller joins Webex, Fife, Tidland and MAGPOWR under the Bertram Capital-owned Maxcess International ownership umbrella.
Valley Roller manufactures rubber covered rollers that are used in web or sheet handling applications in the pulp and paper, tissue, converting, plastics, coating and laminating sectors. The company was founded in 1984 and is headquartered in Appleton, WI with a second facility located near Dallas in Mansfield, TX (www.valleyroller.com).
Maxcess is a designer and manufacturer of industrial rolls, converting components, and specialized machinery for web handling and converting applications. The company is headquartered in Oklahoma City, OK (www.maxcessintl.com).
“This acquisition marks our third add-on acquisition for the Maxcess platform, and reaffirms our commitment to building a complete offering of web handling solutions,” said Kevin Yamashita, Partner at Bertram Capital. “We’re thrilled to partner with the Valley Roller team and look forward to providing our global customer base with a full portfolio of roller products and services. We also look forward to continuing our buy and build strategy with market leaders like Valley Roller.”
Maxcess was acquired by Bertram Capital in January 2014 from Merifin Capital and Windjammer Capital which had acquired the company in 2005. Bertram Capital merged the operations of Maxcess into its existing portfolio company Webex which it had acquired in April 2013.
“The acquisition of Valley Roller Company, our second acquisition in eight months, highlights our continued buy and build market strategy to broaden our one-stop-shop product and service offering,” said Greg Jehlik, CEO of Maxcess. “Being deeply focused on expansion through organic growth, targeted product development and acquisitions, Valley Roller Company is a perfect example of a category leader and an addition that will add significant capabilities at other Maxcess facilities moving forward.”
Bertram Capital invests in middle-market business services, consumer, healthcare, industrial and technology companies that have revenues from $30 million to $250 million and EBITDA of $5 million to $30 million. The firm is located in San Mateo, CA (www.bertramcapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 8-6-15