Darby Printing Retains Equity Partners to Seek Buyer
ATLANTA—Dec. 6, 2012—Darby Printing has retained Equity Partners to find a buyer or investor for its business. The printer produces a wide range of books, general commercial work, digital media products and various company- and customer-owned subscription publications.
Darby also publishes/produces several legal products on its own, including several printed federal and state court rule books. The company operates out of a modern 75,000-square-foot facility situated on eight acres of land with ample room for storage and growth.
The company was founded in 1872, and the current owner, Hugh Carter, bought the business in 1986. Carter is now looking to transition the business to a new owner as he enters retirement.
“Darby has a first-rate reputation in the printing business and a number of our customer relationships extend over many years. It will be tough to move on from that, but I’m excited to find someone new to continue serving our customer base with the same passion and commitment I’ve had over the past 26 years,” he explained. “I believe we would be a great fit for a strategic buyer.”
Prior to becoming the owner of Darby, Carter spent eight years with the John H. Harland Co., an Atlanta based check printing company. He left his position as vice president to join the White House staff as a Special Assistant to President Jimmy Carter in the late 1970s.
Matt LoCascio, a managing director at Equity Partners, commented that, “Carter has built an incredible company, with a dedicated workforce and quality customer base. Darby is well positioned for the future and has been consistently profitable over a long period of time with a good mix of commercial and government work. This is an excellent opportunity to capture a well-respected name in the industry, existing volume and a seasoned management team.”
Source: Equity Partners.