This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bertram Capital Completes Acquisition Of Webex, Inc.

SAN MATEO, Calif., Jan. 9, 2013 /PRNewswire/ -- Bertram Capital announced today its acquisition of Webex, Inc. a leading manufacturer of precision engineered rolls and specialized systems for web handling and converting applications.  Based in Neenah, WI, Webex marks Bertram's second platform investment and third transaction in the plastic processing and web handling equipment industry.  In addition to the equity investment in Webex, Bertram also provided subordinated debt to finance the acquisition, which closed on December 24, 2012.

"Webex is the leading supplier of rolls and specialized machinery modules for a broad range of web handling and converting processes with a strong brand presence supported by unparalleled engineering and manufacturing capabilities," said Kevin Yamashita, Partner at Bertram Capital.  "The company's compelling value proposition is evidenced by its deep and long-standing customer relationships across broad end markets and applications.  We look forward to building upon the strong foundation Webex has established and further enhancing it's leadership position in the marketplace."

Webex designs and manufactures custom rolls, machinery and components for a highly diverse set of customers and manufacturing sectors including: flexible packaging, paper, consumer products, food and beverage, aerospace, pharmaceutical and health care, alternative energy, and general industrial.  The company operates four manufacturing facilities located in Wisconsin and Massachusetts. 

"I'm pleased to announce our continued investment in the plastic processing and web handling equipment industry through the acquisition of Webex," noted Jeff Drazan, Managing Partner of Bertram Capital.  "This partnership will help position the company for accelerated growth through both organic and acquisition focused initiatives, enabling Webex to continue providing best in class products and service to its growing customer base."

The Bertram Capital team was introduced to Webex through a sale process run by Livingstone Partners, a leading independent, international investment banking firm focused on M&A, capital raising and special situations transactions with values up to $500 million.  "We are grateful to Steve Miles and Karl Freimuth at Livingstone for bringing an exceptional investment opportunity to our attention," noted Kevin Yamashita.  "Webex exemplifies the type of market-leading industrial manufacturing company we seek to invest in at Bertram.  Livingstone ran a fair and competitive sale process and we are fortunate to have been successful in acquiring such a high quality business."

About WebexFounded in 1972, Webex is a leading supplier of precision engineered rolls for a diverse set of customers and applications in the web handling and converting industry.  The company's products include a comprehensive portfolio of web handling rolls including idler, vacuum, heat transfer, and other custom engineered rolls.  The company also designs and manufactures specialized machinery systems for a variety of unique converting applications and supplies various components including airshafts, carbon shafts and tubes, core shafts and chucks.  Visit for more information.

About Bertram CapitalBertram Capital is a Northern California-based private equity firm focused on investing in middle-market business services, consumer, healthcare, industrial and technology companies.  Bertram is currently investing out of its $500 million second fund and typically allocates $25-$100 million to each investment.  Since the firm's inception, Bertram has managed in excess of $850 million in committed capital and has completed 10 platform investments and 14 follow-on acquisitions.  Visit for more information.

SOURCE Bertram Capital

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs