Printer Friendly

New equity firm to invest in printing companies.

Roy Grossman and Charles (Chip) Stine announced today that they have formed MSP, LLC, of New Canaan, CT, USA, as a vehicle for making investments in printing-related companies with revenues in excess of $5 million. Target segments include digital printing companies with sophisticated variable data printing capabilities, specialty direct mail, packaging and label companies, and large format printers. MSP has engaged Paul V. Reilly of Compass Capital Partners of CO, LLC, to assist in evaluating investment opportunities and to raise additional investment funds.

"We have significant funds ready to be invested in the fast growing and exciting segments of the printing industry," Grossman says. "We see many opportunities to create a great company providing unique solutions from multiple locations in North America." Grossman points out that while the printing industry at large continues to struggle, there are a number of firms that have made the transition from print service provider to marketing services provider, focusing on helping customers make effective use of their I data and other market resources rather than focusing solely on production of print. "Those are the firms that are doing extremely well despite the economy," he notes. "We have been on the road talking to a number of them over the last four months, and we are energized. We have some terrific prospects, and we expect to begin announcing deals in the first quarter of 2009."

Stine adds, "In addition to investment capital and industry experience, we both bring the significant operating and sales expertise that is critical to driving growth in any investment opportunity. Both Roy and I continue to support both printers and print buyers in executing their printing strategy."

Both Grossman and Stine have worked in management at Sandy Alexander, a printing company based in Clifton, NJ, USA, which has label printing capability at its Staten Island, NY, USA, plant.
COPYRIGHT 2008 Rodman Publishing
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:INDUSTRY NEWS
Publication:Label & Narrow Web
Date:Nov 1, 2008
Words:307
Previous Article:Digital labelstock line introduced by MACtac.
Next Article:Apex launches UniFli line of anilox rolls.
Topics:

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters