FLM Graphics and Paravista Merge; Paravista to Relocate to FLM's Fairfield, NJ, Plant by April 1
FAIRFIELD, NJ,—March 2, 2015—Paravista Inc. and FLM Graphics announced today that they have signed a definitive merger agreement to combine the operations of the two leading graphic communications service providers. The merger positions the combined company as the leader in graphic communications service management, offering a broad portfolio of print, graphics, promotional products, interactive marketing, mobile and immersive technology solutions to help customers manage their marketing and media communications programs.
In making the announcement today, Frank M. Misischia, FLM Group president and COO, said that the combination of the two companies represents a new force in cross-media and graphic communications service management. "The management team and staff of Paravista have done a fantastic job of building a solid and successful operation providing superior quality and services to the print and graphics community," he noted. "FLM and Paravista share a strong vision and focus to deliver a richer and more comprehensive service offering to creative marketing, interactive media, and corporate communications managers."
Jim Connell, vice president of client services for Paravista, added, "This merger is all about people. The people we serve, our customers, as well as the teams of talented, hardworking people who work with us. The people who have helped make us successful and who will continue to make it increasingly possible to deliver quality service solutions to our clients. It is really exciting to put these two dynamic teams together and have them work as one powerful force."
Supported by FLM’s and Paravista’s highly accomplished team of experts in print, digital imaging, interactive marketing, and creative technology solutions, their combined customer base will enjoy the benefits of a broad range of cross-media services, particularly when they take full advantage of the creative technology and cloud deployment capabilities. Paravista has an outstanding track-record and reputation for quality commercial printing, premium promotional products program management, and online marketing programs. FLM provides innovative solutions for offset and digital print, large-format digital imaging, Web-to-print, immersive technology media applications, and interactive marketing services.
"We are always looking for ways to help our customers meet their ever evolving consumer and business-to-business communications needs, especially in this new order of doing business where everyone is always connected," relayed Connell. "This is another major step in helping us do that for our customers—better and faster. For example, FLM’s creative technology programs for enabling clients with the ability to implement customized Web-to-print, interactive marketing, media inventory, and asset management solutions," he added, "is a perfect complement to Paravista’s Managed Marketing Solutions online ordering and marketing program."
The merger plan includes consolidating all operations, customer support, data management and administrative systems from Paravista into FLM’s Fairfield, NJ, facility and corporate headquarters by April 1, 2015.
Misischia also talked about how the consolidation will "create efficiencies that provide the opportunity to focus our investments on developing more innovative solutions to enhance our customers’ abilities to effectively communicate and connect with their target audiences in any environment utilizing any type of media."
The financial details of the deal have not been disclosed, however, the terms include a stock ownership agreement between the principals of the two privately held companies.
Paravista’s managing partners, Jim Connell, Michael Spallucci, and Mark Spallucci, will also move their offices from Piscataway to Fairfield, along with their staff, where they will assume executive management roles. Connell will serve as vice president, Client Services; Mark Spallucci, president of the Promotional Products division; and Michael Spallucci will assume the role of president of the Commercial Print Services business for the combined FLM-Paravista organization. Frank M. Misischia, also based in Fairfield, will continue in his current role, serving as corporate COO, and Frank L. Misischia as CEO for the merged operations.
About FLM Graphics Group
For over 40 years, FLM Graphics and the FLM Group of companies has been a leading provider of commercial printing, digital imaging, reprographics, document management, and integrated graphic communications services. FLM operates printing, imaging and reprographic production operations, as well as facilities management, customer support, and sales offices—in Fairfield and Princeton, NJ, and New York City. FLM offers large-format imaging and printing through its Trucolor business unit and provides custom programmed Web-portal, e-business management, interactive marketing, and immersive technology solutions through its Access Images technology program and support group.
About Paravista
Paravista Inc., located in Piscataway, NJ, is one of the most highly respected printing, premium promotional products, and graphic communications service operations in the United States. Known for high-quality, commercial offset and digital printing, and the ability to plan, manage, and deliver the most challenging corporate communications projects, it serves a broad range of industries, including healthcare, pharmaceuticals, advertising, technology, financial, and entertainment. Paravista’s Promotional Products division offers a full service program for the development of custom branded promotional products from concept through distribution. Utilizing REACH compliant products and SGS audited production facilities, Paravista ensures all promotional items are manufactured to meet corporate environmental and humanitarian guidelines. The company also provides Managed Market Solutions programs featuring fully customized software solutions. Paravista is owned and managed by Michael Spallucci, Mark Spallucci and Jim Connell.
Source: FLM and Paravista.
