Private equity investment firm Bertram Capital has purchased all the assets of Webex from Wynnchurch Capital.
Webex’s commercial products include precision engineered rolls and specialized machinery modules designed for web handling and converting processes, which are used in flexible packaging, pharmaceutical and health care, alternative energy, paper, consumer products, food and beverage and aerospace industries.
Bertram Capital managing partner Jeff Drazan said, "This partnership will help position the company for accelerated growth through both organic and acquisition focused initiatives, enabling Webex to continue providing best in class products and service to its growing customer base."
Wynnchurch executive vice president Frank Hayes said the company thanks Webex management team and Paul Schulz for all the efforts and dedication provided throughout its ownership.
"Their strong leadership, particularly through the last economic downturn, contributed greatly to a very successful outcome," Hayes added.