DAYTON and CINCINNATI, Ohio, Sept. 18, 2017 /PRNewswire/ -- Brixey & Meyer Capital (collectively with its affiliated entities, "BMC") announced today it has acquired 3 Sigma (or the "Company"). Since 1980, 3 Sigma has been a specialty provider of adhesive coated materials to converters and manufacturers around the world. 3 Sigma utilizes its deep application experience and expertise in the chemistry of adhesive technology to serve the automotive, food, consumer products, medical and marketing industries. 3 Sigma's technologies can be found in coated materials used in applications such as press and seal consumer packaging, security labels, construction tapes, brake pads and many other highly engineered applications.
"3 Sigma has built a strong reputation to serve customers large and small in some of the most complex adhesive applications," said David Brixey, Managing Director of Brixey & Meyer Capital, "the capabilities the Company has developed is a true testament to 3 Sigma's leadership, workforce and their collective passion for the business to grow and succeed."
Founded in 1980, 3 Sigma is based in Troy, Ohio and currently has approximately 80 full time employees. Tony Rowley will remain as President of the Company.
"When evaluating a buyer and future partner for the Company, we searched for a group that was more than just a financial partner," said Tony Rowley, President & co-owner of 3 Sigma, "we felt like we achieved just that by partnering with Brixey & Meyer Capital. What set them apart was their focus on people, their investment philosophy, and the resources they are able to bring to bear to achieve our aggressive growth goals."
3 Sigma was acquired from the Judith Beck family. Brady Ware Capital acted as the exclusive financial advisor to the Beck family in connection with the sale of the Company.
3 Sigma is the third acquisition of BMC's first fund, the BMC Growth Fund, LLC. The BMC Growth Fund, LLC is an $18.0 million fund launched in November 2015 which invests in lower middle market companies generating $1.0 to $4.0 million of cash flow. Brixey & Meyer Capital is planning the launch of their second fund, the BMC Growth Fund II in late 2017.
About Brixey & Meyer Capital:
Brixey & Meyer Capital is a lower middle market private equity investment firm with offices in Dayton, Cincinnati and Columbus, Ohio. The core team of David Brixey and Patrick Odell have deep backgrounds in operations, financial management and transactions in organizations large and small. This experience is brought to bear with each of the portfolio companies.
For more information about Brixey & Meyer Capital, please visit: www.brixeyandmeyercapital.com
CONTACT: |
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David S. Brixey |
Patrick M. Odell |
Brixey & Meyer Capital |
Brixey & Meyer Capital |
937-291-4110 |
513-507-9826 |
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SOURCE Brixey & Meyer Capital
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