Tom D'Agostino

PALM BEACH, FL—Former Mail-Well Chairman and CEO Gerald Mahoney has assumed the role of interim CEO for Workflow Management. Mahoney was already a member of the company's board of directors. Tom D'Agostino Sr. is stepping aside from his duties as CEO and president of Workflow Management to assume the role of non-executive chairman, effective immediately. The decision for D'Agostino to step down came in connection with the company's announcement that it had secured a new credit agreement. Mahoney characterized the change in management as good for the company at this time. "It was time for a change and I think that the banks were

CHICAGO—Palm Beach, FL-based Workflow Management plans to acquire Office Electronics (OEI), a $55 million graphic arts distributor and manufacturer here. The move adds new Workflow sales offices in nine cities: Chicago, Des Moines, Minneapolis, Kansas City, Cincinnati, Nashville, Dallas, Houston and Milwaukee. Additionally, officials believe the acquisition will strengthen Workflow's existing sales offices in Los Angeles, Philadelphia, Atlanta, Washington, DC, and St. Louis, as well as enhance Workflow's efforts as a distributor of custom printed products and office consumables. "We are purchasing a sales force with $55 million in existing revenue and a tremendous upside potential," says Tom D'Agostino Sr., Workflow's chairman and

IRVINE, CA—Palm Beach, FL-based Workflow Management, which has been quietly building momentum for the last year, has begun to get attention for its latest growth moves, by purchasing HunterPacific, located here, and Sundance Litho, based in Anaheim, CA. Together, these two newly acquired commercial printers add approximately $11.2 million in annual revenues. Workflow paid $8.9 million in the all-cash deal. Tom D'Agostino Sr., president and CEO of Workflow Management, comments, "We're very pleased with the addition of HunterPacific and Sundance. These operations contribute to a larger product offering and deeper penetration in the Southern California area. While we maintain our primary focus of growing our