New London Press Receives Investment to Support Growth InitiativesAugust 3, 2012
ALPHARETTA, GA—August 3, 2012—New London Press, a full service printing, mailing, fulfillment and graphics company, announces an investment from Agilis Equity Partners and Valesco Industries. This partnership marks a new beginning for the company, which will operate under the name New London Communications. As a result of the investment, New London plans to expand its sales force and marketing initiatives, and enhance service offerings in targeted markets.
“Since founding New London in the late 1980s it has been a dream to create a unique company with unlimited growth potential. Diverse offerings and an internal positive culture have allowed the company to pursue this goal with much success,” noted said CEO Howard Givens. “As a closely held private company, growth has been limited to the constraints of limited financial resources. This partnership represents an exciting opportunity to pursue unlimited growth and market expansion. It’s with great optimism and enthusiasm that we embark on this new partnership.”
COO Eric Rountree added, “This partnership provides the necessary resources for New London to achieve its growth goals for both near and long term. Now we have the plan, the strategy and the funding to take this company to the next level, which is exciting for our entire group.
According to Agilis managing director Hal Eason, Agilis is pleased to have this opportunity to partner with a great management team, supporting the team’s initiatives to take an already great company to new levels of performance.
About New London Communications
New London Communications provides commercial printcentric services to customers in a variety of end markets. The business’ products and services include marketing consulting and execution, offset printing, digital printing, wide-format display printing, print fulfillment, ecommerce, book production, addressing and mailing, creative and design, and trade show management. New London serves clients in a variety of industries including finance, banking, manufacturing, automotive, pharmaceutical, real estate and telecommunications.
About Agilis Equity Partners
Agilis Equity partners, based in Winston Salem, NC, is a private equity firm focused on lower middle market business-to-business service companies. Agilis targets investment opportunities in which it can bring not only capital, but also management and strategic support, to companies with strong growth potential.
About Valesco Industies
Valesco Industries is a private equity fund based in Dallas which targets equity and subordinated debt investments in middle market businesses.
Source: New London Press.