Graphic Press Closes $9 Million Deal in New Financing
Press release from the issuing company
Los Angeles, CA February 3, 2004 -- Los Angeles, CA-based Graphic Press-the largest minority-owned premier quality web and sheetfed printing company in the United States-has recently closed a $9 million growth capital investment from Nogales Investors, a private equity firm headquartered in Los Angeles, CA. According to Graphic Press CEO, John Zamora, the new capital will continue to fuel the printing company’s impressive average annual growth rate of 25%.
"The new funding cements our financial stability," says Zamora, who has guided Graphic Press from its inception four years ago into becoming one of the powerhouses in the industry. "This investment enables us to move forward much more rapidly to fully realize our vision of a unique company that consistently produces the highest quality printing in a work environment that draws the best and the brightest in the industry."
"We were impressed not only with the company’s strong growth track record," says Nogales Partner, Mark Mickelson, "but also with its superior management team, commitment to quality service, and vision to create a truly great company. We look forward to a very bright future together."
Graphic Press provides services to major domestic and international Fortune 500 companies in industries as far-ranging as automotive, financial, travel, fashion/apparel, and advertising. The company is extremely customer focused and specializes in high-impact multi-color brochures and support materials, such as annual reports, magazine inserts, promotional literature, advertising collateral, and general corporate identity and marketing collateral.
Nogales Investors is a private equity firm specializing in financing the growth of small to medium sized businesses that have a proven history of strong growth and management leadership.
"We are excited to begin our new relationship with Nogales Investors to help us realize our full potential." added Zamora.
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