Southland Printing Acquires Assets of Digital Printing Systems
Southland Printing Company, Inc. has acquired substantially all the business assets of Digital Printing Systems, Inc., a leading provider of printed parking and transit products. Digital Printing Systems, founded in 1971 by Don Nores and based in Azusa, Calif., serves more than 500 customers in over 30 countries and is known for high quality products and personalized customer service.
“It’s such an honor to be entrusted by the Nores family to continue building on the legacy of their business,” said John Manno, Jr., president and CEO of Southland Printing Company. “To assure a smooth transition, we will be offering employment to many of Digital’s key personnel and we will transfer their customers’ order history, pricing, artwork and dies to Southland. Southland, as a family-owned and operated business, is dedicated to providing our customers, new and old, the best products, service, and value.”
"This acquisition ensures that our customers will continue to receive exceptional service and quality U.S. made products,” said Peter Young, Digital’s president. "Our shared family-business values align perfectly and we know we can rely on Southland’s continued commitment to the parking and transit customers we both have served for decades."
With this acquisition, Southland Printing Company cements its position as the market leader in printed parking and transit products.
In the months to come, customers can continue to place orders directly with Digital Printing Systems and Southland Printing. As the companies work to consolidate the operations into Shreveport, La., customers and vendors will receive regular updates.
This transaction was facilitated by Strategic Growth, Inc., a private investment banker for the parking and event ticket markets. Southland was advised by Kean Miller LLP (legal advisor) and KPMG (financial and accounting advisor). Digital Printing Systems was advised by Hahn & Hahn, LLP (legal advisor) and Lucas Horsfall (accounting and tax advisor).
Source: Southland Printing Company, Inc.
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Printing Impressions.
