Vybond Launches New Era After Nautic's Acquisition Completion
Deal News | Feb 05, 2025 | Nautic
Nautic Partners, LLC has successfully completed the acquisition of the Specialty Tapes business from Berry Global Group, Inc., unveiling a new company named Vybond. Vybond is positioned as a standalone business to enhance its leadership in the pressure-sensitive adhesive tapes market. With operations in Franklin, KY, Riverhead, NY, and Bristol, RI, the company boasts a portfolio of over 1,500 SKUs and draws on a heritage from well-known brands serving diverse markets including HVAC, automotive, and aerospace. Vybond's strategy, backed by Nautic Partners, emphasizes investing in new technologies and operational capabilities to innovate and expand its market presence. The company aims to leverage its expertise to deliver high-performance solutions and establish new industry benchmarks.
Sectors
- Manufacturing
- Private Equity
Geography
- United States – Relevant due to Vybond's headquarters and operational locations in Franklin, KY, Riverhead, NY, and Bristol, RI.
Industry
- Manufacturing – Involves the production of specialty tapes and adhesives, as demonstrated by Vybond's expansive product portfolio.
- Private Equity – Nautic Partners' acquisition of Vybond is indicative of investment activities in private equity.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vybond | Target Company | Company | A newly branded standalone business specializing in pressure-sensitive adhesive tapes, derived from Berry Global's Specialty Tapes business. |
| Nautic Partners, LLC | Bidding Company | Company | A private equity firm that acquired the Specialty Tapes business from Berry Global and established Vybond. |
| Berry Global Group, Inc. | Selling Company | Company | The previous owner of the Specialty Tapes business, divested to Nautic Partners. |
| Sean Wieland | Managing Director | Person | A Managing Director at Nautic Partners commenting on the Vybond acquisition. |
| Mike Hill | CEO | Person | CEO of Vybond, emphasizing the business's potential and future growth strategies. |