Company Overview
Designer and manufacturer of premium industrial chain, engineered class sprockets, torque transmission products, and other complementary material handling and power transmission solutions across a diverse set of end markets.
Investment Status
Seeking add-on acquisitions to expand product offerings, enter new end markets, and add new customers.
Transaction Overview
Webster Industries: Recapitalization of the company. The management team invested in the transaction.
Renold: Subsequent public-to-private acquisition from the London Stock Exchange and merger with Webster Industries.
Investment Thesis
- Leading manufacturer of critical components for broader material handling and power transmission systems that are specifically designed for customers’ most demanding applications, driving consistent MRO and aftermarket demand across all product categories
- Global, diverse, and vertically integrated manufacturing capabilities differentiate Webster & Renold on quality, service, lead times, and customization capabilities against competitors
- Opportunity to increase capacity and optimize the existing operations by investing in facility upgrades and manufacturing process improvements
- Develop new products and services to address customer pain points in the material handling and power transmission markets
- Enter new end markets and further penetrate existing underserved end markets
- Enhance the existing go-to-market strategy to win new customers and increase brand awareness
- Pursue strategic add-on acquisitions that present opportunities to increase market share, add complementary product categories, and provide access to new customers or end markets