Industrials

Nekoosa

Status
Exited
Location
Nekoosa, WI
Investment Type
Private Equity
Investment Themes

Nekoosa is a leading manufacturer of highly engineered specialty paper and film products used in the graphics and commercial print markets. Nekoosa produces a comprehensive suite of specialty engineered materials in four key product areas: application and pressure-sensitive tapes used to protect and transfer graphics onto surfaces such as store windows and commercial vehicles; specialty synthetic papers that offer a digitally printable tear-and-water-proof alternative to lamination; sheeted digital and offset grade carbonless paper; and extruded film products used in wall panel, credit card, and lighting applications. Through a network of more than 1,000 global distributor partners, Nekoosa serves a diverse base of more than 70,000 commercial print and graphics shops in 65 countries. With a long record of innovation and skillful leadership, Nekoosa is growing organically and through acquisitions, where it has developed a playbook for identifying and integrating complementary businesses.

Nekoosa performed well during Sentinel’s investment period, especially during the Covid pandemic, when Nekoosa successfully made a transformative add-on acquisition. In 2022, after achieving our investment objectives, Nekoosa was sold to a strategic buyer backed by another private equity firm.