Two of the most respected names in graphic solutions are joining forces. It was announced that Imagine! Print Solutions and Classic Graphics Inc. have merged creating one of the largest privately owned commercial printing companies in the nation.
Financial terms of the transaction were not revealed. Sales figures for 2013 for the combined companies will approach $280 million.
Bob Lothenbach, president and founder of Imagine! Print Solutions, is enthusiastic. “The cultures and visions of our two companies are virtually identical,” Lothenbach says. “We share a philosophy of providing highly responsive and flexible service to our clients, a passion for print and a belief in team work. Uniting the two companies creates a stronger entity. Blending the strengths and location of our company with those of Classic creates an optimal service and distribution model and leverages manufacturing and purchasing power for more competitive offerings to clients. Most important, clients of both companies will be served by one of the strongest graphics companies in the nation.”
In an industry dominated by announcements of closings and reduced expectation, Imagine! and Classic have been committed to growth by listening to their customers and responding. “This is a logical move,” says David Pitts, president of Classic Graphics. “Classic has enjoyed tremendous growth over our 30-year history. Combining the two companies provides clients access to wider and more sophisticated service offerings. Our employees will form a talented team who will drive innovation in our industry.” Imagine! will keep the Classic brand intact and Pitts will remain as president of Classic in the combined company.