Rotunda Capital Partners has acquired Bron Tapes, a distributor and converter of pressure-sensitive tapes and adhesives. The Bron acquisition is the second investment made from Rotunda’s latest fund, Rotunda Capital Partners Fund III, L.P.
Founded in 1977, Bron serves customers throughout the United States from its 11 branch locations across a wide variety of industries including aerospace, defense, building products, and transportation. The company is focused on providing the highest level of technical expertise and service to customers.
“Bron has built an excellent business known for top-tier customer service. We are excited to partner with Bron’s team to further accelerate the growth of an already strong business,” said Bob Wickham, partner at Rotunda.
“Bron is a natural extension of Rotunda’s focus on partnering with family-founder owned distribution businesses,” said Corey Whisner, partner at Rotunda. “We look forward to helping the team drive value creation, accelerate organic growth, and pursue add-on acquisitions.”
Mike Shand will continue to serve as CEO and lead the company going forward while former President Michael Flynn will continue to serve in a strategic advisory role. “The whole Bron leadership team is eager for the future growth opportunities we plan to pursue in partnership with Rotunda,” said Shand.
For more information, visit www.rotundacapital.com.
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