Bertram Capital announces the sale of EXT Acquisitions Inc., the parent company of Findlay, Ohio-based engraving substrate manufacturer Rowmark and affiliated companies, to Windjammer Capital Investors. Terms of the transaction were not disclosed.
According to Rowmark officials, sale of the company was completed on June 26. “It’s business as usual, and we anticipate no changes in the day-to-day activity or service to our customers,” says Rich Zydonik, Rowmark vice president of global sales and business development.
“With the closing of the Rowmark transaction, we mark the completion of another successful investment for Bertram Capital,” says Kevin Yamashita, partner at Bertram Capital and investment lead for Rowmark.
According to reports, Rowmark is the eighth platform investment in Windjammer’s Senior Equity Fund IV. “Rowmark is an established market leader with strong brand recognition, supported by state-of-the-art manufacturing and an unmatched understanding of the market channel and new product development,” says Rob Quandt, managing director at Windjammer. “We are excited about the future of Rowmark, as we fuel and accelerate the company’s growth.”
“Rowmark is proud to be partnering with Windjammer Capital Investors to continue the growth of our business,” adds Zydonik. “Windjammer has already shown their commitment by focusing on our customers’ experience, product offering, and order delivery. Our team is excited about this new chapter and the growth opportunities that lie ahead.”