Houston-Based Southwest Precision Printers Acquires Its Largest Competitor
HOUSTON — July 11, 2016 — Southwest Precision Printers (SWP), the largest privately held printing company in Houston, announced it acquired the assets of Page International. The acquisition expands the company’s portfolio of tools and services to provide a larger platform of commercial printing.
Before the acquisition, Page was one of the largest commercial printers in Houston with annual revenue of $20 million in 2015. SWP had the largest local market share in the industry, growing with the city of Houston over the last 40 years. The parties expect to complete the transition this summer.
Post acquisition, SWP is one of the largest printers in the southern United States, with a 150,000 square foot facility for operations and 180 employees. Jeff Glover, former president at Nationwide — a parent company of Page International — will be the new president of SWP.
“We are very excited about the acquisition of Page International," Trevor Tully, executive director at SWP, comments. "The value attained from the Page acquisition is not only the assets and skillsets of their team, but also the intellectual property of their robust web-solutions services. This will complement our existing platform and add significant value to our client base.”
Tim and Barkla Tully founded Southwest Precision Printers (SWP) in 1975 in a warehouse in Bellaire, Texas. They were mostly a two-color printer until 1984, as they bought a new four-color Heidelberg and entered the process color commercial print market. Over the next 32 years, SWP has strived to become one of the highest quality, award winning and largest Commercial Printing Companies in Texas. Privately owned since 1975, SWP offers multiple print platforms — offset, digital and wide-format — allowing SWP to process a full range of projects ... from planning through printing and fulfillment.