Web Printing Controls (WPC) Retains M&A Specialist Equity Partners
LAKE BARRINGTON, IL—July 9, 2013—Equity Partners CRB has been retained to find a partner, investor, or buyer for Web Printing Controls (WPC). Founded in 1972, WPC is a world leader in designing, developing, and manufacturing real-time closed loop automation equipment. While its primary customer base is the web offset printing industry, Web Printing Controls has highly specialized engineering expertise, as well as the manufacturing capacity, to expand into any industry that utilizes vision, image recognition, sorting and other sensors, including; factory automation, food processing, or conveyor/sorting systems.
"We have the largest product line of waste saving automation solutions of any vendor in the print industry and have been helping customers around the world improve productivity for over 40 years," said WPC’s COO, Troy Fetherling. "We’ve retained Equity Partners to help us explore options that will allow us to be successful for another 40 years."
Web Printing Controls’s executive offices, R&D, and engineering are located in the Chicago suburb of Lake Barrington, IL, while a 150,000-square-foot manufacturing facility is in Fairfield, IL. WPC’s manufacturing capabilities include a full machining area equipped with 15 CNC machines which include turning, grinding, water jet, and sheet metal capabilities.
"Web Printing Controls enjoys a long-standing reputation for its focus on providing high-quality products and services at competitive prices," noted Matt LoCascio, a managing director at Equity Partners. "They specialize in cutting edge, engineering solutions for the printing industry, but the applications for other industries are almost limitless. Given sufficient resources, WPC has opportunities to grow sales and profits by expanding its product offerings, increasing production capacity, and pursuing new customers in existing and new geographic areas."
Equity Partners, based in Easton, MD, provides investment banking services and has completed in excess of 400 engagements throughout the United States since 1988.
Source: Equity Partners.
