Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Bertram Capital Completes Sale of Maxcess to Berwind Corporation

Sale of Premier Web-Handling Solutions Platform Represents Bertram’s Third Exit This Quarter

Bertram Capital (“Bertram”) announced today the completion of the sale of WH Acquisitions, Inc., the parent company of Maxcess (“Maxcess” or the “Company”), to Berwind Corporation. Maxcess is the leading global manufacturer of systems and equipment for web-handling applications. This transaction represents Bertram’s 11th exit since the firm’s launch in 2006. Terms of the transaction were not disclosed.

“The sale of Maxcess is a prime example of Bertram’s ability to drive and successfully implement our High Five investment strategy. Through selective and accretive acquisitions and execution of a well-defined value creation plan, Bertram built a powerful industry leader,” said Jeff Drazan, Managing Partner of Bertram Capital. “I would like to specifically recognize Bertram’s Industrial Team, led by Kevin Yamashita, Tim Heston, Cory Landerfelt, and Soraya Hoberman. We successfully built a global market leader by supporting the vision and tireless work of the Maxcess management team. Our technology specialists at Bertram Labs succeeded in developing end-to-end solutions for Maxcess that improved operational efficiencies and opened pathways for significant future growth.”

The Maxcess family of brands holds a leading global position in guiding, winding, slitting, tension control, and precision rolls systems, which are critical components of web processing lines used in a wide array of end markets and material applications. Bertram Capital completed five acquisitions for the Maxcess platform including Webex, Fives North America Guiding, Valley Roller, Menges Roller, and Componex.

“The closing of the Maxcess transaction represents the culmination of a tremendous partnership with an excellent management team, led by Greg Jehlik, and the successful transformation of the Company into a highly strategic global platform,” said Kevin Yamashita, Partner and Head of Industrials at Bertram Capital. “The combined efforts of the Maxcess and Bertram teams solidified the Company’s global market leadership position, accelerated its growth, and significantly expanded its core addressable market. As the industry’s one-stop shop for customers’ web-handling needs, Maxcess is well-positioned for continued growth.”

The transaction process was managed by Robert W. Baird, whose team was led by Joel Cohen and Trisha Renner. Andrew Lohmann and Lisa Hedrick of Hirschler Fleischer served as the legal counsel for Bertram.

“Bertram supported our growth with talent, ideas, resources and capital every step of the way,” said Maxcess CEO Greg Jehlik. “They encouraged us to confidently pursue our global expansion strategy and to seek game-changing acquisitions that transformed Maxcess into a powerful industrial technology platform. Trust and close collaboration were the constant themes of our very rewarding partnership with Bertram, and we cannot thank them enough for their years of support and hard work.”