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J. S. McCarthy Printers Acquires Printech

Wednesday, June 04, 2014

Press release from the issuing company

East Rutherford, N.J. – The National Association for Printing Leadership (NAPL) has announced that J .S. McCarthy Printers, Augusta, Maine, has purchased the customer base and certain assets of Printech, of Stamford, Conn. Printech Co-owners Carmine Furci and Ed Furci will join J. S. McCarthy as members of its management team, focusing on areas of manufacturing and sales. The Printech division of J. S. McCarthy will continue to operate from the Stamford location that Printech has occupied for 19 years.

“We appreciate that both Carmine and Ed think highly enough of us to trust that their customer relationships will be maintained and enhanced with access to our extensive platform of additional capabilities,” says Rick Tardiff, President of J. S. McCarthy. “We are pleased to have them both come on board with us and are looking forward to their help as we work together to expand and grow our company.”

“We are very excited about the opportunity to work with Rick and other members of the J. S. McCarthy Team,” says Ed Furci. “They have a long-standing reputation as an innovative and industry-leading company. We know that our customers will benefit from the increased capabilities and services of a company with a highly trusted name in our industry.”

“J. S. McCarthy is a great example of a forward thinking company that is positioning itself for future success and growth,” notes NAPL Vice President Tom Cobery. The NAPL Business Advisory Group provided J. S. McCarthy with ongoing strategic advice on growth, introduced the parties, and advised on the transaction price and structure, helping craft a Letter of Intent that was fair, balanced, and addressed the needs of both parties.

 

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