NEW CANAAN, CT--October 10, 2008--Roy Grossman and Charles (Chip) Stine announced today that they have formed MSP, LLC as a vehicle for making investments in printing-related companies with revenues in excess of $5 million. Target segments include digital printing companies with sophisticated VDP capabilities; specialty direct mail, packaging & label companies; and large format printers. MSP, LLC has engaged Paul V. Reilly of Compass Capital Partners of CO, LLC, to assist in evaluating investment opportunities and to raise additional investment funds.
"We have significant funds ready to be invested in the fast growing and exciting segments of the printing industry," Mr. Grossman said. "We see many opportunities to create a great company providing unique solutions from multiple locations in North America." Grossman points out that while the printing industry at large continues to struggle, there are a number of firms that have made the transition from print service provider to marketing services provider, focusing on helping customers make effective use of their data and other market resources rather than focusing solely on production of print. "Those are the firms that are doing extremely well despite the economy," he said. "We have been on the road talking to a number of them over the last four months, and we are energized. We have some terrific prospects, and we expect to begin announcing deals in the first quarter of 2009."
Mr. Stine added, "In addition to investment capital and industry experience, we both bring the significant operating and sales expertise that is critical to driving growth in any investment opportunity. Both Roy and I continue to support both printers and print buyers in executing their printing strategy."
"I am excited to be working with Roy and Chip in assisting them to develop the next great company in the printing industry," said Mr. Reilly. "We are currently evaluating several investment opportunities as platform and add-on firms and look forward to identifying even more as well as closing on several of these opportunities within the next year".
About Roy Grossman
Roy Grossman has 30 plus years in the commercial printing industry. From 1991 until May 31, 2008, he served in various senior management roles at Sandy Alexander, including the last 5 years as President and CEO. During Mr. Grossman's tenure, Sandy Alexander was further established as one of the premier independent commercial printers in North America. Sandy Alexander successfully built a reputation for outstanding quality, extensive premium print services and customer satisfaction while serving many of the top companies in the US. Roy was also instrumental in successfully leveraging Sandy Alexander's traditional offset business into the developing arena of digital print services.
Best Practices for Print Automation
Competing for Print’s Thriving Future
