Dickinson Press, a Grand Rapids, Mich.-based service book manufacturer and printing services provider, received an investment from private equity firm Blackford Capital.
The amount of the transaction was not disclosed.
The company will use the proceeds to increase growth through add-on acquisitions as well as penetration in media, financial and education markets.
Founded in 1884, Dickinson Press features a wide variety of printing capabilities and print services including lithographic and digital printing, perfect and case binding, and warehousing and fulfillment services with a strong presence in the niche religious printing segment.
Today, the company operates out of a 120,000-square-foot facility and employs 120 people in the West Michigan area. Currently, it produces various books and printed materials including bibles, dictionaries, reference books, novels, children’s books, and a variety of other printed literature for the religious, business and education markets.
Following the transaction, Dickinson’s management team will remain in place with Ray Sevin continuing his role as President and CEO.
FinSMEs
18/08/2015