Vision Integrated Graphics Acquires Point Imaging
CHICAGO—March 9, 2012—Vision Integrated Graphics, a leading full-service marketing solutions provider with locations in the Chicago area, has acquired Point Imaging, a national provider of grand-format sign and display imaging and installation services. Point Imaging President Kevin Huseman will assume the role of chief strategy officer for the combined companies, initially focusing on driving increased business volume in the grand-format area.
Financial details of the deal were not disclosed. However, Vision’s management has said that Point Imaging’s 60,000-square-foot facility and all of its employees will be retained. The combined organization now has three locations in the Chicago area and about 235 employees.
“We have been partnering with Point Imaging for about a decade,” said Doug Powell, CEO of Vision Integrated Graphics. “By acquiring them at this time, we have taken a quantum leap in our production mix, adding Point Imaging’s high-volume point-of-purchase/point-of-sale/out-of-home capabilities to our streamlined workflow, digital and conventional printing services, Web-to-print and cross-media expertise.
“The acquisition expands our wide-format presence beyond our current roll-to-roll capabilities, including the ability to print direct to rigid substrates and a more robust array of grand-format print options. With this enhanced service offering, clients of both Vision and Point will benefit from this full range of services provided by a single highly responsive source. Our expectation is that this acquisition will be quickly integrated and accretive, due to our long-standing relationship and similar cultures,” Powell added
Vision has proactively addressed the many changes that have come its way over the past 50 years, including merging the original company, Award/Vision, with Steve Smits’ Alpha Beta Press in 2005. The combined companies now generate about $40 million in annual revenues.
The printer is one of the largest independent users of HP Indigo press technology in the United States. The acquisition of Point Imaging adds HP Scitex and EFI VUTEk grand-format printers to its robust production platform. “HP will continue to be a strong partner that will contribute to the continued success of our organization as we move forward,” Powell commented.