Boone Acquires Tidewater
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"This is a marriage of capabilities in the component parts business," notes Boone, who closed the deal for Tidewater a few days before Christmas.
Boone plans to invest $2.6 million in equipment upgrades for Tidewater Direct.
Tidewater is a 115-person operation with facilities in Centerville, MD, and West Branch, IA. In many cases, Tidewater and Boone's other company, American Direct Imaging (ADI), shared customers yet provided them with different services. Customers went to ADI for direct mail personalization and processing, and turned to Tidewater for several components of their direct mail packages.
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- People:
- Ken Boone
- Larry McCormick
- Places:
- Baltimore
- Centerville
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