Management Completes Buyout of Sandy Alexander
CLIFTON, NJ—Sandy Alexander announced that its management team has completed a buyout of the company. Terms were not disclosed. The transaction makes Sandy Alexander a privately held company owned exclusively by the management team, which remains intact.
“The management team is very excited about the change in ownership,” said Mike Graff, president and CEO of Sandy Alexander. “Our more than 300 employees also are very pleased with the ownership change. We believe that we are well-positioned to continue to build a unique model that offers our broad customer base continued quality and service across many platforms.”
According to Graff—a 2012 inductee into the Printing Impressions/RIT Printing Industry Hall of Fame—the 50-year-old company will continue to pursue strategic growth opportunities, both organically and through acquisition.
“Sandy Alexander will now be in a position to offer increased flexibility, independence and focus through expansion in our depth of services,” he said.
The services include digital printing, web and sheetfed offset printing, retail visual merchandising, wide-format and grand-format printing, direct mail, high-end retouching and computer graphics.