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Graphic Arts Advisors Announces Acquisition of Shuman Heritage Printing and Spectrum Printing by Mt Royal Printing
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Mt Royal Printing Makes Two Strategic Acquisitions
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A prospective client seeking to sell their company recently asked me if the recent craze involving the use of SPACs to buy private companies might be applicable to their firm. I answered unequivocally that SPACs were suited to much bigger companies as well as industries with more future growth and appeal than exhibited by the mature printing and packaging industry. I was wrong. In the case of one industrial printing company, a merger into a SPAC is the pathway to value and liquidity for the owners.
SPAC is the acronym for a Special Purpose Acquisition Company. In simple terms, a SPAC is essentially a shell company that raises money in the public markets via a stock listing. Since there is no actual business at its formation, the investors in a SPAC are trusting that the sponsors will find a real business worth teaming up with. Once a target company is identified, the SPAC and the target company merge, and voilà, the private company has become a public company without all the fuss o
The Week That Was (4/5/2021)
On this episode of The Week that Was, PRINTING United Alliance VP of Government & Political Affairs Lisbeth Lyons recapped the transportation and infrastructure plan recently announced by the Biden Administration last week.
Ironmark has acquired Spectrum Printing and Graphics, expanding its capabilities and growing the business to an annual $40 million in sales performer.
Editor-in-Chief Mark Michelson conducted a 1:1 video with Adriane Harrison, VP of HR consulting at PRINTING United Alliance, about managing and responding to any inappropriate employee conduct that occurs outside the workplace and on social media.
Ironmark Announces Acquisition of Spectrum Printing & Graphics Print and communications industry leader, Ironmark, is thrilled to announce that it has acquired Spectrum Printing & Graphics. April 7, 2021
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Print and communications industry leader, Ironmark, is thrilled to announce that it has acquired Spectrum Printing & Graphics.
The acquisition of Spectrum Printing & Graphics, a full-service commercial printing company based in Rockville, MD, providing offset and digital print, signage, promotional products, campaign management, and in-house mailing and fulfillment, was finalized in March 2021.
On the acquisition, Ironmark CEO Jeff Ostenso said, “Ironmark has always been focused on growing and empowering small businesses. Spectrum has been a key player in the printing space for almost 25 years. We are so excited about bringing on Andrew, his team, and all the possibilitie
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