M Power Entertainment Acquires 100% of Tropical Printing
Press release from the issuing company
NEW YORK, Nov. 22 -- M Power Entertainment, Inc., a producer and developer of entertainment media, has completed its acquisition of 100% of the stock of Tropical Printing LLC ("Tropical",) a privately-held commercial printing company located in Sarasota, Florida.
Tropical provides premium printing services to businesses in the U.S. and Canada. Led by a management team that has over 40 years of experience in the printing industry, Tropical employs state-of-the-art presses and retains trained professionals specializing in turnkey production. Tropical serves a growing market that includes both regional and national magazines such as Sarasota's Scene magazine as well as internationally branded entertainment companies such as "The Stars of the Moscow State Circus."
Tropical President Steve Reuther stated, "Sam Mauro and I are excited to be part of M Power Entertainment. We're already off to a great start serving our regional clients; now, we can start addressing the larger and highly profitable national market."
Gary Kimmons, CEO of M Power Entertainment, said, "Tropical is our first move in the print media market and is a valuable addition to our team. With their help, we intend to move quickly to bring other successful print and publishing companies on board. They are already established in a proven and profitable market, and they can play an important role supporting our subsidiaries in the visual (film) and music media markets."
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