Phoenix Group Acquires All Out Assets
PHILADELPHIA—The Phoenix Group has debuted its new Midwest facility, Phoenix-Veterans Print in Chicago. The firm will be bolstered by the assets acquisition of Woodridge, IL-based All Out, with a number of the company’s former executives managing the new Phoenix-Veterans Print facility.
The tandem of former All Out CFO James Capuano and his son, All Out founder J.B. Capuano, will assume the reins at Phoenix-Veterans Print, with James taking the president and CEO helm and J.B. becoming the vice president of sales. The elder Capuano is a decorated Marine Corps combat disabled veteran.
“We are very excited to be expanding our services to the Chicago area in the form of large-format UV presses,” noted Barry Green, chairman of The Phoenix Group. “The addition of the talents of Jim and J.B. positions us to duplicate in the Midwest the success we’ve enjoyed on the East Coast. Combining the operational and sales talents of the Capuanos with the financial resources and wide-ranging capabilities of the Phoenix Group will allow our new operation to continue to exceed customer expectations.”
The new Chicago operation will boast the availability of two 56˝ KBA Rapida presses, including a six-color plus UV press that is capable of printing on substrates from 50-lb. uncoated to 48-pt. board and plastic, as well as a five-color KBA Genius waterless offset press with UV coating.
Philadelphia-based Phoenix Group also has facilities in New York and New Jersey.