Spiral Binding Acquired by Hilltop in Partnership with KCB Private Equity
TOTOWA, N.J. — June 23, 2017 — Hilltop Private Capital (“Hilltop”), in partnership with KCB Private Equity (“KCB”), has announced the acquisition of Spiral Binding Company Inc. (“Spiral”). Through the years Spiral has been a leading manufacturer and global distributor of a diverse line of print finishing, graphic arts, and presentation equipment, as well as binding, laminating, paper handling, photo finishing, and custom imprinting services. The existing shareholders of Spiral will remain as substantial investors in the Company and will continue to manage the business with Rob Roth assuming the position of CEO and Matt Roth assuming the position of President. Spiral Binding will now be conducting business as Spiral Binding LLC.
“Hilltop and KCB took the time to understand the complexities of our business. The capital and operational resources they structured to meet our needs will help Spiral innovate and grow,” said Rob Roth. “We are excited to be working with knowledgeable partners who are supportive of our efforts to enhance Spiral’s industry leadership and performance,” echoed Matt Roth.
“The Roth’s and the entire Spiral team have built an impressive business. The Company’s national footprint, diverse product and service offering, blue chip customer base, and multi-channel go-to-market capabilities are a great platform from which to execute our investment strategy, and we are excited to partner with management to do so,” said Kate Lehman, Hilltop Managing Partner. Robert Blair, KCB Managing Director added, “Spiral has demonstrated an ability to maintain its leadership position in its core markets while diversifying into adjacencies to accelerate growth, an exciting dynamic in any business”.