Webex owner buys Maxcess International

Maxcess International is a global provider of guiding, winding, slitting and tension control systems for web-fed converting applications.

Maxcess is Bertram Capital’s fifth transaction in the plastic processing industry, and second investment in the web handling equipment industry following the 2012 acquisition of Webex. 

Webex provides precision rollers and finishing sections for the web handling and converting industries.

It and Maxcess are to be brought together, with the merged entity to be led by a management team comprised of leaders from both companies. Webex chief executive officer (CEO) Gary Edwards will assume the position of chairman and Maxcess CEO Greg Jehlik to become CEO, with Dave Hawkins to serve as chief financial officer and Doug Knudtson as chief operating officer.

Kevin Yamashita, a partner at Bertram Capital, said: ‘Maxcess has established a world class brand and distinguished itself as a technology leader in the converting industry for a wide range of applications including paper, film, flexible packaging, non-wovens and metals.

‘The union between Maxcess and Webex creates a company that is uniquely positioned for growth and unmatched in its combined product portfolios, design capabilities, manufacturing expertise and long standing customer relationships.’

Jehlik said: ‘We are thrilled to partner with Webex and Bertram Capital to achieve our shared vision of accelerating the growth of Maxcess’ innovative technologies.

‘This combination will further enhance our ability to fulfill our global strategy of providing a breadth of products and solutions which solve our customers’ entire web handling application needs.’

Edwards concluded: ‘Putting these two organizations together immediately provides our customers with a broader product portfolio, expanded application expertise and access to an expanded global sales and service network. The combination of Maxcess’ global distribution and Webex’s differentiated technology will enable us to capture multiple new opportunities within existing and emerging markets. Bertram Capital has provided the support and resources necessary for us to quickly build an industry leading business.’