The YGS Group Acquires Print Management Inc.
Pennsylvania company makes strategic expansion to serve West Coast markets after nationwide M&A search by the NAPL Business Advisory Group.
East Rutherford, N.J. (Sept. 15, 2014)―The National Association for Printing Leadership (NAPL) has announced that The YGS Group in York, Pa., has acquired Print Management Inc. in Tukwila, Wash., effective August 8, 2014. The acquisition is a strategic expansion of The YGS Group brand to the West Coast where Print Management customers will benefit from expanded solutions to their marketing and publishing needs.
Former Print Management owners Tim and Paula O’Leary owned and operated the company for 25 years. “Print Management has experienced much success under the leadership of the O’Leary’s, and it is my goal to continue that success with the team at the Tukwila office,” states Jim Kell, Chief Executive Officer of The YGS Group. “My vision to better serve our customers is being realized through the expansion of The YGS Group. I’m extremely excited about the talented team at Print Management who will deliver our same exceptional services and solutions to the West Coast market.”
When the O’Leary’s decided it was time to transition from ownership, they reached out to the NAPL Business Advisory Group, explains Tim O’Leary. “A few years ago, we engaged NAPL to do a business valuation for us so NAPL understood our situation―we had a profitable business that we had built for over 25 years―and NAPL Senior Vice President Mark Hahn guided us through the M&A process. He and the NAPL team conducted a nationwide search for candidates, and when we analyzed the opportunity with YGS, the deal made a lot of sense on a lot of different fronts. YGS is a strong company and our operation was the right opportunity for them to expand to the West Coast.”
“This was a great opportunity to work with and advise the sellers, Tim and Paula O’Leary, who built a profitable and very well-managed company located in the attractive Seattle market,” says Hahn. “The O’Leary’s decided that a national search was warranted to find buyers beyond their circle of contacts and they selected the NAPL team to manage a disciplined and rigorous sale process while they focused on running their company. Our search resulted in an attractive offer from The YGS Group, which was seeking a West Coast location to expand its Pennsylvania-based business.”