Company Completes Second Add-on Transaction in 2015

San Mateo, CA and Findlay, OH, August 25, 2015 – Rowmark LLC (“Rowmark”), a portfolio company of Bertram Capital and a leading manufacturer and marketer of engravable plastic sheet materials, announced that it acquired LaserBits, Inc. effective August 13, 2015.  Headquartered in Phoenix, AZ, LaserBits is a supplier and reseller of laserable products sold into the awards and engraving market, as well as other specialty markets.

“We are excited about the addition of LaserBits as part of our broad product line offering to serve the diverse markets we distribute globally.  Rowmark will continue to support and strengthen its growth through our distribution channel,” said Duane Jebbett, Rowmark President and CEO, “Our global network of distributors will continue to be our focus, and we endeavor to be the go-to source for high quality products as well as outstanding customer service in our market segments.”

With distribution facilities in Arizona and Ohio, LaserBits has established itself as a primary national supplier of engravable materials and personalization products. In addition to offering a wide range of products, LaserBits also offers educational services regarding laserable materials through the use of seminars and their Laser University segment. Mike Fruciano, the co-founder of LaserBits, has joined the Rowmark team as part of the transaction.

“Given the evolution of the marketplace, we believe this acquisition further enhances Rowmark’s position as a leading partner and supplier to the engraving and laser markets” said Kevin Yamashita, Partner at Bertram Capital.  “The team at LaserBits has built a strong presence in the markets they serve.  We are thrilled to welcome them to the Rowmark family and offer a full suite of products to our combined customer base.”

The LaserBits acquisition marks the second add-on for the Rowmark platform since being acquired by Bertram Capital in September 2013.  The Bertram and Rowmark teams remain focused on pursuing additional strategic acquisitions, including manufacturers of engravable materials or personalization products; suppliers of consumable products and accessories; providers of sublimation products and accessories; and manufacturers of marking or digital print equipment.

About Rowmark

Founded in 1987, Rowmark is a 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. Visit www.rowmark.com for more information.

About LaserBits

LaserBits is a distributor of laserable products into the awards, engraving and other specialty markets. The company is headquartered in Phoenix, AZ with a branch location near Columbus, OH. Visit www.laserbits.com for more information. 

About Bertram Capital

With over $850 million in capital under management, Bertram Capital is a private equity firm targeting investments in lower middle market companies.  By supplying flexible investment capital and committing a wealth of operational and strategic resources to each investment, we make it our core objective to move companies, management teams, and employees toward unlocking their full potential. Visit www.bcap.com for more information

 

Media Contact:

David Hellier

Bertram Capital

(650) 358-5000

[email protected]

 

The information contained herein does not constitute investment advice or an offer to sell or the solicitation of any offer to buy any interests in Bertram Capital Management, LLC or any of the private funds that it advises nor is it intended to be used for marketing purposes to any existing or prospective investor in any jurisdiction and is subject to correction, completion and amendment without notice.  A solicitation of any offer to buy such interests may only be made at the time a qualified offeree receives a confidential offering memorandum describing the offering and related subscription agreement.  This notification has not been approved or disapproved by (a) the United States Securities and Exchange Commission or any other United States federal or state regulatory authority or (b) any federal or state regulatory authority of any member state of the European Economic Area, and no such commission or authority has passed upon the merits, accuracy or adequacy of this content, nor is it intended that any will. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future results or expectations. Past performance has no predictive value and is no indicator of future performance. No reliance may be placed for any purpose on the information and opinions contained herein or their accuracy or completeness and nothing contained herein may be relied upon in making any investment decision.