Walsworth Publishing Company acquires IPC Print Services
Tuesday, December 14, 2010
Press release from the issuing company
Marceline, Mo. - Walsworth Publishing Company, recently announced it acquired IPC Print Services in St. Joseph, Mich. The purchase of IPC, a commercial printer previously owned by Journal Communications, will enhance Walsworth Publishing’s overall capabilities, giving customers the mailing and fulfillment platforms essential to the commercial printing market.
“In a market that is trending toward cutting costs and contracting, Walsworth Publishing is boldly growing its business,” said Don Walsworth, President of Walsworth Publishing Company. “This transaction represents a major step forward for the company as we build on our track record of stability and continue to strive for ambitious growth.”
The acquisition of IPC, now IPC| A Walsworth Company, helps strengthen Walsworth Publishing’s position as a leading mid-tier player in a market devoid of many options.
“Walsworth is a small and nimble publishing company focused on great results,” said Walsworth. “We offer superior service at competitive prices and have the capabilities of the large industry players without the overhead. Our customers will continue to see exceptional service and printing results not obtained elsewhere.”
The purchase of IPC provides Walsworth customers with a broad set of sheet fed, web, binding, fulfillment and distribution options not found in many midsize print companies. Walsworth will now be able to complete all aspects of a print job under one roof, reduce cycle time for print production, and provide customers with cost savings. The acquisition of IPC will help Walsworth better serve customers in the specialty book, short-run publications and business-to-business catalog markets.
“With the addition of IPC to the Walsworth family, our new and established customers will find a partner dedicated to expanding its capabilities,” said Walsworth. “We are bringing together two organizations that share the same values and commitment to meet the needs of our customers today and into the future.”
Peter Schaefer of New Direction Partners represented Walsworth on this transaction.
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