Hutchison Allgood Joins Forces with Graphic Visual Solutions, $5-Million Investment Planned
Both companies are market leaders and together bring more than 100 years of experience and success in the printing industry in the Triad market.
NAPL, serving as GVS’ strategic M&A advisor, counseled on the transaction price and structure and prepared the letter of intent for the transaction.
Senior Vice President John Hyde, head of NAPL’s Mergers and Acquisitions Advisory Team stated, “The transaction is a great example of two leading companies coming together in a way that creates a successful transition from ownership for Al (Hutchison, president of Hutchison Allgood) and his partners while maximizing value for both companies.”
In addition to the extensive current resources of the two companies, the combined company will invest more than $5 million in expanded facilities and new technology and equipment as it broadens its capabilities in High Point, NC, to best meet the changing needs of its clients. All current Hutchison Allgood employees have been retained and will be an important part of the combined operation.