Morgenthaler Private Equity, the Cleveland and Boston-based private equity team focused on lower middle market buyouts, sold RotoMetrics, a near Saint Louis, Missouri-based manufacturer of precision rotary tooling and related accessories for the converting and printing industries, to Sentinel Capital Partners.
The terms of the transaction were not disclosed.Joe Machado, John Lutsi, Karen Tuleta, and Matt Keshian led the transaction for Morgenthaler.
Led by Bob Spiller, CEO, RotoMetrics produces precision solid and flexible dies as well as related accessory and aftermarket products for the consumer label and packaging industry. The company produces a wide variety of engineered, customized rotary tooling products used to perform precision cutting or to create folds in various material substrates.
It operates 11 facilities in 9 countries, including manufacturing facilities in Missouri, Virginia, the UK, Denmark, Australia, and Thailand.