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Taylor Corporation Acquires PhotoCraft

Monday, October 01, 2007

Press release from the issuing company

Portland, Oregon, September, 2007:  The IGH Solutions Business Unit of Taylor Corporation purchased the assets of PhotoCraft in late August, 2007.  PhotoCraft has been a leading producer of large format graphic images from its headquarters in Portland, Oregon for over twenty years. 
PhotoCraft produces retail point-of-purchase materials, displays, banners and signage as well as reproduces the finest custom artwork.  It has been a leader in developing digital technology which has allowed it to compete successfully in the contemporary market.  The key management team of PhotoCraft will continue to manage the Company.
Taylor Corporation is a privately-held organization specializing in business-to-business and business-to-consumer communications, printing and marketing solutions for specific niche markets.  Headquartered in North Mankato, Minnesota, Taylor is comprised of more than 85 companies in 22 states and eight countries.
Peter Schaefer, President of Compass Capital Partners, represented the selling shareholders in this transaction.  Compass Capital Partners is recognized as the preeminent investment banker to the printing industry.  This transaction marked Compass Capital's 140th M&A transaction in the printing industry. Compass Capital also represented the sellers in the sales of Western Graphics & Data, Inc. in Portland, Oregon and Progressive Communications, Inc. in Orlando, Florida to Taylor Corporation. 




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