MINNEAPOLIS, MINNESOTA – Quazar Capital Corporation is pleased to announce the sale of its client, Artcraft Press, Inc., to Commers Printing.
OUR CLIENT: Artcraft Press, Inc. is a privately owned commercial printing company based in Minneapolis, Minnesota. With over 50 years of experience, Artcraft Press has built a strong reputation as a high quality printer with a broad range of capabilities that is able to serve a very diverse customer base.
THE SITUATION: Artcraft Press had not achieved the level of financial return the principals were looking for and the depressed printing market created additional pressure on the company. Artcraft saw a need to be part of a larger organization in order to gain capital investment efficiencies.
ENTER QUAZAR: Quazar was engaged to find a buyer of the business and maximize the value of the loyal customer base.
THE RESOLUTION: After identifying and meeting with multiple prospects, Quazar singled out Commers Printing as an ideal buyer. Commers had a modern facility and infrastructure able to expand production levels. Synergies existed in relation to equipment owned by both companies, as well as the customer base and services provided. Quazar was able to negotiate a deal that situated the two organizations to capitalize on the combined strengths of both companies, while achieving the financial results desired by Artcraft Press.