Mergers & Acquisitions
It’s a love affair — private equity firms are hot for printing companies that specialize in prime labels and flexible packaging. AEA Investors, a New York City-based private equity fund, announced that it was adding to its holding in the label printing segment with the addition of three companies to be bolted-on to its portfolio platform company Inovar Packaging Group which the fund acquired earlier this year.
Firespring announced a deal with Midstates Inc. of Aberdeen, S.D., to acquire Jacob North Print & Media Solutions and A to Z Printing.
ARTCO has been acquired by J.S. McCarthy Printers. ARTCO will retain its name and continue to operate as an affiliate of JSM.
Headquartered in Neenah, Wis., Appleton’s manufacturing division has been purchased by Double E Co.
Advent International has agreed to acquire a majority ownership interest in Fort Dearborn from KRG Capital Partners.
Industry phenom commercial printer 4over continued its growth with the acquisition of ASAP printing.
Tray Inc. has acquired JB Creative Services to form one of the largest privately held print distributorships in the U.S.
Traxium LLC is pleased to announce that it has acquired the assets of R & J Printing Enterprises, dba Newhouse Printing.
4over has acquired ASAP Printing of Salt Lake City as a new subsidiary. This acquisition expands 4over’s network to 16 locations.
Bloomberg is reporting that Xerox Corp. is in the early phase of negotiations to obtain Windy City printing giant RR Donnelley (RRD). According to the news organization’s sources, Xerox would merge some aspects of Donnelley with its copier, printer and related services business, with the balance being folded into Xerox’s business process outsourcing services.