ICV Obtains OneTouchPoint from Huron Capital
NEW YORK—ICV Partners (ICV), a private equity firm focused on lower middle-market companies, announced the acquisition of OneTouchPoint (OTP), a commercial printer and document services company. OTP was previously owned by Huron Capital Partners.
Headquartered in Oak Brook, IL, OneTouchPoint provides printing and document services that include digital document management, data exchange between OTP and its customers, just-in-time production and delivery, variable data printing, document hosting and customized print solutions to Fortune 500 customers from seven locations throughout the United States.
Founded in 2007 and employing more than 950 people, OneTouchPoint serves clients in a wide array of end markets. The company’s strategy revolves around its proprietary technology platform that allows for the outsourcing and automation of document management and print functions resulting in the streamlining of manual print processes, digital and print collateral management cost reductions, and reductions in waste and redundancies for its customers.
Jermaine Warren, a principal of ICV, said, "OneTouchPoint’s technology offering is a differentiator and is a strong platform to deploy document process outsourcing services to its existing customer base and to new customers. While a key part of OTP’s roots have been in traditional printing, the company’s management team is focused on leveraging OTP’s highly valuable technology enabled services. We believe there is opportunity to accelerate this transition through the addition of more sales personnel and further strengthening of the management team."
Tom Simunek, CEO of OTP, also added, "Customers are continually looking for ways to more efficiently access, produce and distribute their literature libraries. OneTouchPoint’s proprietary technology suite and seven linked production sites can drive efficiency across the spectrum of business media from print to print-on-demand, e-distribution, social media and analytics. Our new partners at ICV look to build on these capabilities and bring more value to the customer’s changing print and digital collateral needs."