Quartier Printing and Cayuga Press Join Forces
EAST RUTHERFORD, NJ—Nov 15, 2011—The National Association for Printing Leadership (NAPL) has announced that Quartier Printing and Cayuga Press, two well-respected Central New York companies, have combined their talents and workforces into an organization poised for growth. Details of the transaction were not disclosed.
“The strategic fit between Quartier and Cayuga is extremely powerful for customers,” said Peter Schug of Cayuga Press.
By running two shifts in each of two separate New York locations (Syracuse and Cortland), Quartier Printing and Cayuga Press will have 70,000 square feet dedicated to customer service and production, and the ability to turn jobs from small-format black-and-white to six-color 40″ work overnight. Already a major presence in the Central New York region, the combined company expects revenues to exceed $10 million annually.
“We wanted to rejuvenate our businesses, and having two operating facilities will give us faster turn times, increased operational efficiencies, and improved product offerings,” added Quartier Printing President Tom Quartier. “Quartier Printing brings a G7 Certification and an entire Sustainability program to the mix, and Cayuga’s exceptional customer service, 40″ equipment, and storefront capabilities will enhance our customers’ experience across the board.”
The NAPL Mergers and Acquisitions Team provided advice and guidance to Quartier Printing after the owners of Quartier and Cayuga became comfortable with each other.
“This transaction goes well beyond the so-called ‘tuck in’ acquisitions that predominate the M&A landscape of the printing and graphic communications industry,” said John Hyde, NAPL senior vice president. “It is a good example of growth opportunities that exist for financially strong, well-managed print and graphic communications companies to expand their capabilities and market presence.”
About the NAPL Mergers & Acquisitions Team
NAPL’s Mergers & Acquisitions Team offers company executives trusted advisors who help them build long-term shareholder value through strategic mergers and acquisitions. The Team provides merger advisory services, as well as helping companies with strategic sale of a business, strategic partner assessment/procurement, acquisition of general intangibles, and post-merger integration services. For information, contact NAPL Senior Vice President Tim Fischer at (201) 523-6376 or firstname.lastname@example.org, or NAPL Senior Vice President John Hyde at (201) 523-6313 or email@example.com.