Rotunda Capital Partners has acquired Bron Tapes, a premier distributor and converter of pressure-sensitive tapes and adhesives. Bron is the second investment made from Rotunda’s latest fund, Rotunda Capital Partners Fund III, L.P.
Bron is a solutions-oriented partner for its customers, focused on providing the highest level of technical expertise and service. Founded in 1977, the company services customers throughout the U.S. from its 11 branch locations across a variety of industries including aerospace, defense, building products, and transportation.
“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.
Mike Shand will continue to serve Bron Tapes as then CEO, leading the company forward while its former president, Michael Flynn, will serve in a strategic advisory role.
“This is a great opportunity for Bron,” said Flynn. “We knew early on that Rotunda would be an excellent partner for Bron that exemplifies the core values we have lived by for the last 40+ years.”
“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.”