Bertram Capital Wins Again at ACG New York Champion's Awards

Maxcess - Webex, Inc. Merger Garners Manufacturing Deal of the Year

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Jul 09, 2014, 08:00 ET

NEW YORK, July 9, 2014 /PRNewswire/ -- Bertram Capital was presented with the Manufacturing Deal of the Year (over $75M) award at the 4^th Annual ACG New York Champion's Awards Gala held at the Metropolitan Club on June 19, 2014 for the merger of Maxcess International Holdings Corporation with portfolio company, Webex, Inc. The ACG Champions Awards recognizes companies, individual dealmakers and transactions in the middle market mergers and acquisitions industry in the greater New York area. An independent body of experts representing a cross-section of the middle market industry selected the winning deals and dealmakers from among finalists.

"We are once again honored to receive recognition for the exceptional work that our industrial team, led by Kevin Yamashita, performed in closing this highly strategic merger," said Jeff Drazan, Managing Partner at Bertram Capital. "By acting as a strategic buyer and utilizing firm-wide resources and relationships, we were able to win a highly competitive process that strengthened our platform in converting equipment and components."

Bertram Capital's acquisition of Maxcess International Holding Corporation in January 2014 represents Bertram's fifth transaction in the plastic processing industry, and second investment in the web handling equipment industry following the 2012 acquisition of Webex, Inc. The merger of Maxcess, a leading provider of web handling components and converting modules with Webex, a global designer and manufacturer of precision rolls has created an international business leader uniquely positioned for growth and unmatched in its combined product portfolio, design capabilities, manufacturing expertise and long standing relationships. Maxcess' global distribution network combined with Webex's differentiated technology, and Bertram Capital's proprietary business building approach which includes sales and marketing improvements, technology development, supply chain optimization, strategic management support, and capital for additional add-on transactions enables significant synergies while transforming the merged businesses into a clear market leader.

"We have been following Maxcess for several years. We knew that this business represented a significant opportunity to create a market leader by merging it with Webex," said Kevin Yamashita, Partner at Bertram Capital. "We are thrilled to have the opportunity to work with Greg Jehlik, Maxcess' CEO and his team. Greg is a seasoned industry and private equity executive with an exceptional track record. His leadership combined with the existing talent at Webex provides the core building blocks for creating a market leader."

About Maxcess

With over 170 combined years of experience, Maxcess manufactures a comprehensive breadth of products designed to optimize web processing applications which includes; web guiding, tension control, web slitting and roll supporting shafts. The Maxcess umbrella covers the strongest brand names in the industry. Fife pioneered automated web guiding, Tidland invented the very first expanding air shaft and MAGPOWR has the largest installed base of tension products in the industry. With staffs of web handling experts in each region, Maxcess is able to provide customers with products and systems ideally suited to solve their web processing applications. Maxcess is a truly global company with locations in North America, Europe, China, Japan and India. This allows Maxcess to provide unmatched sales, service and support worldwide. Maxcess employs the largest factory-direct sales and service team in the industry, providing a sustainable and consistent level of service and support for their customers in any region of the world. Visit www.maxcessintl.com for more information.

About Webex

With roots extending back nearly 100 years, Webex along with its subsidiaries - Fox Machining, Magnat-Fairview and PFE Rolls - are established industry leaders in designing and manufacturing precision rolls and specialized web handling machinery for a diversified set of customers within the web handling and converting industries. In addition, the company has developed a strong reputation as an engineering solutions partner, providing value-added support for customer applications across a comprehensive portfolio of high quality web handling products. Visit www.webexinc.com for more information.

About Bertram Capital

Bertram Capital is a Northern California-based private equity firm focused on investing in middle-market business services, consumer, industrial, healthcare 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 11 platform investments and 15 follow-on acquisitions. Visit www.bcap.com for more information.

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SOURCE Bertram Capital