Maxcess International Inc, a portfolio company of Bertram Capital, has acquired Edgerton, Wisconsin-based Componex Corp, a provider of aluminum dead shaft idler rolls. No financial terms were disclosed.
SAN MATEO, Calif., March 8, 2018 /PRNewswire/ — Maxcess International, Inc. (“Maxcess”), a global leader in products and services for the web handling industry and portfolio company of Bertram Capital (“Bertram”), has acquired Componex Corporation (“Componex” or the “Company”). Headquartered in Edgerton, Wisconsin, Componex is a leading-edge provider of aluminum dead shaft idler rolls and will join Menges Roller, Valley Roller, Webex, Fife, Tidland and MAGPOWR under the Maxcess International umbrella of companies.
“The acquisition of an innovative brand like Componex adds tremendous value to our family of web handling companies, specifically our Precision Rolls Group,” said Greg Jehlik, CEO of Maxcess. “Being deeply focused on expansion through organic growth, product development and acquisitions, Componex is a perfect example of a category leader and an addition that will generate significant capabilities at other Maxcess facilities around the world moving forward.”
The Componex acquisition further expands Maxcess’ ability to serve customers with a one-stop-shop offering for their web handling needs. Most notably, Componex brings its high-performance, patented WINertia™ line of dead shaft idlers to Maxcess’ comprehensive portfolio of web handling solutions.
“Maxcess can take Componex to the next level by introducing our WINertia™ technology to markets outside of North America,” said Cal Couillard, President of Componex. “Its size and scope provided a logical landing spot for the company that we worked so hard to build over the past 20 years.”
“Over the past two decades, the Componex management team has successfully built a well-regarded brand, known for performance and innovation, and a leading position in an attractive market segment,” said Tim Heston, Principal at Bertram Capital. “This acquisition is a continuation of Bertram’s buy-and-build strategy, marking our fifth add-on acquisition for the Maxcess platform under our five years of ownership. We are eager to support Maxcess with further consolidation of best of breed companies in this sector.”
Maxcess helps its customers maximize productivity through innovative products and services worldwide. By combining more than 300 years of global service and support across the storied brands of Valley Roller, Webex, Fife, Tidland and MAGPOWR, Maxcess offers an unrivaled network of application experts. Visit them online www.maxcessintl.com
Componex is a worldwide leader in the web handling industry with clear-cut, differentiated, value. Componex provides innovative precision products at competitive prices with the shortest lead time in the industry. Visit them online http://www.componex.net/
About Bertram Capital
With over $1.3 billion in committed capital, Bertram Capital is a private equity firm targeting investments in lower middle market companies. By supplying flexible investment capital and committing a wealth of operational and strategic resources to each investment, we make it our core objective to move companies, management teams and employees toward unlocking their full potential. Visit www.bertramcapital.com for more information.