ROWMARK ACQUIRED BY BERTRAM CAPITAL
FINDLAY, OHIO - October 3, 2013 - ROWMARK (a leading manufacturer and marketer of highly engineered extruded plastic sheet materials) today announced that it has been acquired by BERTRAM CAPITAL, a well respected private equity firm located in San Mateo, California. Bertram Capital has a proven track record of partnering with business owners and management teams to grow industry-leading, middle market industrial, business services, consumer, healthcare, and technology-related companies.
“Rowmark is an established market leader with strong brand recognition, supported by state-of-the-art manufacturing and an unmatched global distribution network. They have a very capable and experienced management team that has built strong customer relationships and a robust operating platform,” said Kevin Yamashita, Partner at Bertram Capital.
"We are thrilled about our partnership with Bertram Capital and the opportunity for management to partner alongside a forward thinking and respected firm," said Rowmark President and CEO Duane Jebbett. "We believe Bertram Capital's growth-oriented approach makes them the ideal partner to help us to continue the same high level of growth we have experienced in the last few years, as well as to ensure that we continue to do a great job of servicing our growing network of global customers."
“In addition to supplying flexible investment capital, Bertram Capital is committed to providing meaningful operational and strategic resources to facilitate rapid growth in revenue and profitability. Bertram Capital’s core objective is to propel management teams in their quest to build more capable, faster growing, and highly profitable enterprises, and we are excited about the potential with Rowmark and its seasoned management team,” said Managing Partner Jeff Drazan.
Rowmark’s previous equity partner, Clearview Capital, (Old Greenwich, CT) invested in the company January 1, 2007 and helped it reach outstanding expansion and global growth for its Rowmark engraving sheet business and custom division, Premier Material Concepts (PMC).
Founded in 1987, Rowmark is the leading manufacturer of extruded sheet materials servicing the engraving and custom decorative markets. The company's products include a comprehensive portfolio of materials ideally suited for signage and other laser, engraving and digital print applications, as well as thermoformable sheet for the agricultural, construction equipment, recreational vehicle and industrial markets. Visit www.rowmarkllc.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 14 follow-on acquisitions. Visit www.bertramcapital.com for more information.
This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements," including those related to future financial and operating results, benefits and synergies of the company's brands and strategies, future opportunities and growth.
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