Hamilton Robinson Capital Partners (HRCP) has acquired American Roller Company.
American Roller is a provider of engineered services and industrial rollers including rubber and urethane coverings, plasma coatings, and core fabrication. Company-owned brand names include American Roller Company, Plasma Coatings, and C.R.E.W.
The company has multiple facilities in Wisconsin, Tennessee, South Carolina, Indiana, Connecticut, and China. American Roller, led by CEO Dan Cahalane, was founded in 1938 and is headquartered south of Milwaukee in Union Grove, WI (www.americanroller.com).
“This substantial investment will allow American Roller to build upon its strong foundation by providing it with additional resources to increase its responsiveness to customers and accelerate its growth plans,” said Mr. Cahalane. “It also provides the additional capital to pursue add-on acquisitions that will leverage our broad infrastructure and help us expand into new markets. We are really excited about the potential opportunities this partnership creates and our bright future ahead”.
“American Roller is exactly the sort of company that HRCP is interested in as a partner – a leading service provider in the industrial segment with a strong ambitious management team focused on taking its business to the next level,” said Adam Fitzner, a managing director at HRCP. “We are very fortunate to have this opportunity and will immediately be able to add value and support management in achieving their expansion plans.”
Hamilton Robinson invests from $2 million to $20 million of equity in companies that have revenues from $25 million to $200 million. Sectors of interest include manufacturing, distribution and services. The firm, currently investing from its fourth fund, has invested more than $1.3 billion in 50 companies since its founding in 1984. Hamilton Robinson is headquartered in Stamford, CT (www.hrco.com).
© 2019 Private Equity Professional | February 22, 2019
Maxcess International, a portfolio company of Bertram Capital, has acquired Menges Roller Company.
“We are excited to partner with the Menges family and management team to continue building upon the success they have achieved over the past five decades,” said Tim Heston, Principal at Bertram Capital. “Consistent with Bertram’s value creation strategy, this transaction marks the fourth add-on acquisition for the Maxcess platform under our ownership and we plan to continue that strategy with other differentiated and market-leading businesses like Menges.”
Maxcess International is a designer and manufacturer of industrial rolls, converting components, and specialized machinery for web handling and converting applications (
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. To drive growth and create vale in its portfolio companies, Bertram uses an investment strategy called “High 5” which focuses on five core operating principles – sales and marketing improvement, management support, supply chain optimization, technology optimization, and add-on acquisitions. The firm is headquartered in San Mateo, CA (
