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The Sourcing Group Acquires Transform, Continues Expansion Into the Southeast

Posted by PSDA Headquarters on Aug 10, 2018 1:57:10 PM


New York, NY, August 2, 2018 — The Sourcing Group is very excited to announce the acquisition of Transform, a $7MM distributor based in Atlanta, GA.

“Transform has been a very successful organization pursuing two vertical markets in traditional
marketing and forms, as well as an innovative business model delivering solutions and
technology to the collegiate marketplace” according to Billy Caan, CEO of TSG. “We are thrilled
to bring them into our family..."

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Topics: Press Release

DLS Converts 2 Million Pounds of Label Waste Into Clean Energy

Posted by PSDA Headquarters on Aug 9, 2018 1:31:35 PM


Itasca, Illinois, August 9, 2018 -- Diversified Labeling Solutions (DLS), a national converter of pressure sensitive labels, has begun a new program to eliminate over 2 million pounds of landfilled label production waste from its Itasca, Illinois manufacturing facility. The company is committed to improving the environment and creating sustainable ways to operate its business.

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Topics: Press Release

Ennis Completes Merger With Wright Business Graphics Into a Wholly Owned Entity of Ennis

Posted by PSDA Headquarters on Aug 6, 2018 2:42:57 PM


Midlothian, Texas, August 2, 2018 -- Ennis, Inc. (the “Company”), (NYSE: EBF), announced the completion of the merger of Wright Business Graphics, Inc. (“Wright”) with a wholly owned entity of Ennis in a stock merger transaction that closed on July 31, 2018.  Wright Business Graphics is a printing company headquartered in Portland, Oregon. Wright has 7 locations in Oregon, Washington and California with its main facility located in Portland, Oregon. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31, 2018 and sells mainly through distributors and resellers.  The purchase price was paid 55% in cash, and 45% in the Company’s common stock based on the weighted average share price based on the previous 30 trading days from the date of the Agreement. The Company believes the transaction will be accretive to its shareholders.

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Topics: Press Release

Ennis Executes Agreement to Merge Wright Business Graphics Into a Wholly Owned Entity of Ennis

Posted by PSDA Headquarters on Jul 17, 2018 4:22:32 PM


Midlothian, Texas July 17, 2018 -- Ennis, Inc. (the “Company”), announced the signing of an agreement to merge Wright Business Graphics, Inc. (“Wright”), with a wholly owned entity of Ennis in a stock merger transaction that is expected to close on or before Sept. 30, 2018, pending approvals. Wright Business Graphics is a printing company headquartered in Portland, Oregon. The majority stockholder, Jim Wright, began the company back in 1970 and built it into the large, highly diverse print communication organization that exists today. Wright has seven locations in Oregon, Washington and California, with its main facility located in Portland, Ore. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31, 2018, and sells mainly through distributors and resellers. Wright will continue in all of its current locations, and Dan Adkison will continue in his current role as president/COO of Wright Business Graphics. The purchase price will be paid 55 percent in cash and 45 percent in stock (based on the weighted average share price of the Company’s common stock for the previous 30 trading days). The Company believes the transaction will be accretive to its shareholders.

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Topics: Press Release

Ennis, Inc., Acquires Allen-Bailey Tag & Label Asset Purchase

Posted by PSDA Headquarters on May 14, 2018 5:00:35 PM


May 2, 2018  (EBF – NYSE) – Ennis, Inc., through one of its subsidiaries, has acquired Allen-Bailey Tag & Label of Caledonia New York, in a purchase of assets and assumption of trade payables. A majority of employees will continue to run the business in the same location.

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Topics: Press Release

USPS Ruling Reduces Clear Envelope Postage for Direct Mail Marketers

Posted by PSDA Headquarters on Apr 16, 2018 3:05:02 PM


EnvyPak, America's No. 1 Clear Envelope Manufacturer, announces an innovative, patent pending, clear plastic envelope format that can reduce postage for marketers by as much as 57 percent. EnvyPak recently received a monumental ruling from the United States Postal Service specific to this new clear envelope that utilizes EnvyPak's proprietary manufacturing technology. 

The groundbreaking invention is the first clear plastic envelope to ever receive automation rates for letter size pieces with no surcharges.

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Topics: Press Release

DemandBridge Named Exclusive Technology/Integration Partner of New Sourcing Exchange Launched by WebbMason Marketing, SupplyLogic and Winbrook

Posted by Darin Painter on Mar 6, 2018 1:35:13 PM


NORCROSS, GA, MARCH 6, 2018– DemandBridge, an integrated business platform delivering seamless marketing solutions in the cloud, has been selected as the exclusive technology/integration partner of a new sourcing exchange. 

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Topics: Press Release

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