Webex Inc. is buying Maxcess International Corp. for an undisclosed amount.
Maxcess, which was owned by private equity firm Merifin Capital and Windjammer Capital Investors, manufactures automation instrumentation products. The Oklahoma City-based company’s products include magnetic particle clutches and brakes, steering guide systems and metals.
Webex, backed by private equity firm Bertram Capital, designs and manufactures precision rolls and handling machinery. The deal should allow the company to expand into new markets and provide customers with a broader product portfolio.
Merifin is a private equity firm headquartered in Brussels. PE firm Windjammer, focuses on middle market businesses and has committed more than $1.1 billion in capital. The firm is currently investing out of its $726 million Windjammer Senior Equity Fund IV.
Bertram Capital, headquartered in San Mateo, Calif., backs middle market business services, consumer, industrial, health care and technology companies. The firm is investing out of its $500 million second fund, and typically spends $25 million to $100 million on each deal.
Harris Williams & Co. advised Maxcess on the transaction. Christian Atwood of Choate Hall & Stewart LLP provided legal advice.