Wellspring Capital Management Acquires Jen-Coat
Brookwood Associates served as financial advisor to Jen-Coat with respect to this transaction.
Founded in 1972, Jen-Coat, Inc. supplies the food packaging, health care and industrial markets with a wide range of extrusion coated and laminated, metallized, and adhesive laminated structures. Products include sugar/sugar sub packets, paper/ foil laminations, film/foil laminations, composite can laminations, coated nonwovens, QSR wrap, release papers and many other specialty packaging materials. Headquartered in Westfield, Massachusetts and operating out of two plants totaling 370,000 square feet, Jen-Coat has earned an industry reputation as a high-quality, innovative supplier. Further information about Jen-Coat can be found at www.jencoat.com.
Harold Bevis Bio
Harold Bevis served as CEO of Pliant Corporation from 2003 until its sale to Berry Plastics in 2009. Prior to Pliant, he was CEO of Jordan Telecommunications Products from 1998 until its sale to Emerson Electric Company in 2000, remaining with Emerson as Group Vice President until joining Pliant. From 1995 to 1998, Mr. Bevis was Senior Vice President and General Manager of General Cable Corporation, which was taken public during his tenure. He also served in executive roles at General Electric; as a consultant at Booz, Allen & Hamilton and as an engineer at General Dynamics Corporation. Mr. Bevis received a bachelor’s degree in Industrial Engineering from Iowa State University and a MBA from Columbia Business School.
About Wellspring Capital Management
Wellspring Capital Management, founded in 1995, is a leading middle-market private equity firm that manages more than $2 billion of private equity capital. The firm's objective is to bring partnership, experience and value creation to each investment. By teaming up with strong management, Wellspring is able to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements and add-on acquisitions. The firm functions as a strategic rather than tactical partner, providing management teams with top-line support, M&A experience and financial expertise, and access to resources.