Arsenal Capital Partners Swing Deal for DG3
NEW YORK—Private equity firm Arsenal Capital Partners has acquired Diversified Global Graphics Group (DG3). Arsenal and the company’s executive team, led by CEO Dr. Michael Cunningham, acquired DG3 in a proprietary transaction directly from Peter Furlonge, the majority shareholder and former chairman. Furlonge will remain with the company.
Cunningham founded the company, formerly Cunningham Graphics International, in 1989. DG3, which has annual revenues of $150 million, services clients in the financial, pharmaceutical, academic and corporate markets. Laurence Bloch is the company’s new chairman.