Image Printing has Acquired the Assets of Fellow North Dakota Firm Knight Printing
PLYMOUTH, Minn. — April 7, 2017 — Crescenda Merger & Acquisition Advisors has announced that on March 31, Image Printing, Bismarck, N.D., has acquired the assets of Fargo, N.D.-based Knight Printing. Terms of the sale were not disclosed.
Founded in 1994, Image provides companies with a single-point solution for their complex, brand-based marketing needs. Over two decades, Image has developed industry-leading capabilities for design, printing and mailing services to businesses throughout the upper Midwest and a "customer first" service culture that has resulted in demonstrable advantages in quality, speed, flexibility, and all-in cost.
The company's suite of value-added services yields substantial efficiency gains at each phase of the value chain (design, production, and fulfillment) and helps position Image as a trusted and valued partner to its customers.
The sale will immediately enhance Knight’s North Dakota platform by expanding its existing production capacity. The company anticipates continuing its tradition of quality and service by adding new digital presses, variable data and other related capabilities already available in Fargo.
“Image Printing has enjoyed rapid growth since its inception in 1994 based on the strength of our management team and the talents of our staff,” says Image President and Owner Todd Clausnitzer. “We believe the merger will allow both companies to benefit by added capacity, while still maintaining our focus on customer service.”
Image Co-owner, Dave Nelson, also adds, "Knight Printing enjoys a great reputation and will immediately help to create incremental scale advantages. Its products and services match exactly with our core expertise and we expect a smooth integration. We look forward to bringing existing new benefits to Image and Knight Printing customers."