An investment group managed by Maidstone Capital Corp. has acquired the assets of Com-Pak Services, Inc. The investment group, Riverside Acquisition Group, LLC, is an affiliate of Maidstone Capital Corp. and comprises strategic, financial, and direct mail industry investors.
"By acquiring the assets of Com-Pak, we are able to enhance the company's position as a leader in the direct marketing industry," says Steve Walk, Com-Pak's new president. "We intend to continue the company's name and retain the company's key operating, production and customer service personnel, to insure a seamless transition for Com-Pak's clients."
For over twenty years, Com-Pak has been providing advanced direct marketing solutions. Clients of Com-Pak benefit from its advanced production technology and cutting edge postal cost optimization capabilities.
The financial and managerial resources provided by Riverside will support the expansion of Com-Pak's full-service spectrum of direct marketing services. These include lettershop production, fulfillment and packaging -- including the company's robust Postal Cost Optimization -- and IMB Full Service. All of these services can take full advantage of the company's state-of-the-art Selective Insertion technology and full Read-Write systems.
"Riverside's industry and production expertise will provide Com-Pak's clients with the support of the industry's best practices, enabling the company to develop new and more powerful marketing strategies for its clients. In addition, Riverside expects Com-Pak to benefit from relationships with other companies in Maidstone Capital's portfolio", said Diana Redondo, Riverside's president.
The company will remain at its location on 365 New Albany Road, Moorestown, New Jersey. For more information, see www.com-pak.com.