Based in Findlay, Ohio, Rowmark specializes in the manufacture of thin gauge plastic sheet, which can be engraved to produce signage, name plates and tags, trophy plaques and other products. Rowmark is a dominant producer of plastic sheet for these applications in North America and grew share of these products worldwide.
In late 2003, Rowmark capitalized on its expertise in plastic sheet extrusion to launch Premier Material Concepts, a rapidly growing division which produced custom extruded sheet products for a variety of niche industrial and consumer applications.
Clearview’s investment allowed the non-management family shareholders to liquidate a majority of their equity stake while still maintaining minority equity stake in the newly formed entity. Clearview was chosen by the management shareholders due to our prior experience in the industry and our willingness to work closely with management to execute its organic and acquisition growth plan.
The platform transaction closed on December 31, 2006. Along with management, Clearview invested equity from Clearview Capital Fund II, LP and its affiliates.
Clearview sold Rowmark on September 30, 2013.