WestView Capital Partners has take a majority stake of Graphic Controls via a recap. Graphic Control’s management will retain a stake, says Sujit John, a WestView Capital associate. WestView is a Boston PE firm. Buffalo, N.Y.-based Graphic Controls makes consumable products like disposable medical supplies. Financial terms were not announced.
Graphic Controls announced that its current management team, led by CEO Sam Heleba, has partnered with WestView Capital Partners to recapitalize the Company. Headquartered in Buffalo, New York, Graphic Controls is a leading manufacturer of consumables utilized in a variety of niche applications. The Company’s primary products include a growing set of disposable medical supplies, security-enabled point of sale (“POS”) products, and a variety of specialty cards, charts, and tickets. Graphic Controls has a diversified base of over 50,000 customers, including hospitals and healthcare providers, industrial businesses, leading casinos, and specialty marketing companies.
“WestView’s investment philosophy of establishing a collaborative relationship with the Company’s management will prove beneficial to all the customers, distributors and employees of Graphic Controls”, said Sam Heleba, Chief Executive Officer of Graphic Controls. “Furthermore, WestView has the capital and the expanded networks to allow more rapid growth and the ability to pursue strategic acquisitions.”
“Together, WestView and management are committed to growing the Company’s strong roots in the Buffalo community and will continue to explore new ways to invest in exceptional quality and service behind the Graphic Controls brand,” added Heleba.
About Graphic Controls
Graphic Controls has more than 60 years experience producing quality products for a wide range of industries. Today, the Company ships products to over 50,000 customers in North America and over 80 countries worldwide. Graphic Controls is located in Buffalo, New York and more information is available at www.graphiccontrols.com
About WestView Capital Partners
WestView Capital Partners is a private equity firm focused exclusively on lower middle market companies. WestView partners with existing management teams to sponsor minority and majority recapitalization, buyout, growth and consolidation transactions. WestView is located in Boston, Massachusetts and more information is available at www.wvcapital.com