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Huron Continues Expansion of Document Management Platform
Winnebago Add-On Acquisition Represents 6th Acquisition for Platform
DETROIT, July 25, 2011 /PRNewswire/ -- Huron Capital Partners LLC announced today that its portfolio company, TouchPoint Print Solutions Corp. ("TouchPoint"), has acquired certain assets of Winnebago Color Press, Inc. ("WCP"). Located in Menasha, WI, Winnebago provides a full range of commercial offset, digital print and marketing services to customers throughout the Midwest. The acquisition provides TouchPoint with expanded production capabilities, sales resources, and customer relationships. The Winnebago operations will be consolidated into TouchPoint's CoakleyTech/CCI operations in the Milwaukee area.
Chris Illman, President of CoakleyTech/CCI stated, "CCI/CoakleyTech will continue to support WCP's customers with diversified and specialized print and marketing solutions. With the additional resources of the TouchPoint Print Solutions family of companies, including a large network of operations throughout the US and leading technology platforms, we will continue to serve and exceed every client's expectation." Tom Simunek, CEO of TouchPoint added, "We are thrilled to be partnering with the WCP sales team. The company is noted for their intense focus on customer service and quality, and will be a great fit in the TouchPoint platform."
Huron partnered with Simunek in 2006 to pursue a buy-and-build strategy in the digital document management industry. The platform made its first investment in July 2007 with the acquisition of CoakleyTech. Since that time, Huron has completed 5 additional acquisitions for the platform, building TouchPoint into a $100 million diversified provider of document management, digital and commercial sheet fed printing, and related mailing and fulfillment services. Peter Mogk, a Partner at Huron noted, "Tom and the entire TouchPoint team have done a tremendous job building this investment from the ground up. Through thoughtful strategic planning, we've identified key products and services that we've been able to add to the platform through various acquisitions. While managing through some of the most difficult economic conditions in recent history, we've worked closely with Tom and his team to integrate these businesses into a single, cohesive entity."
About Huron Capital Partners LLC
Huron Capital is a leading private equity firm investing in lower middle-market companies. The firm typically invests between $10 million and $70 million in equity to sponsor buyouts, growth initiatives, corporate spin-offs and recapitalizations of growth-oriented niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron's strategy is to combine its operational approach, capital and transaction experience with proven management teams who have the vision, experience and commitment to grow their businesses.
Since its founding in 1999, Huron has acquired or invested in 52 companies with aggregate revenues approaching $1 billion. Investments have been made in the USA and Canada in a variety of areas, including print solutions & document management, education, healthcare products& services, specialty chemicals, specialty packaging, consumer products, home decor, passenger transportation services, building products, office furniture components and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. The firm has consistently generated top-quartile returns for its limited partners. For more information, please visit us at http://www.huroncapital.com.
SOURCE Huron Capital Partners LLC
Huron Capital Partners LLC
CONTACT: Peter Mogk, +1-313-962-5803, David Reynolds, +1-313-962-5810, Huron Capital Partners LLC
Web Site: http://www.huroncapital.com
Huron Continues Expansion of Document Management Platform
Winnebago Add-On Acquisition Represents 6th Acquisition for Platform
DETROIT, July 25, 2011 /PRNewswire/ -- Huron Capital Partners LLC announced today that its portfolio company, TouchPoint Print Solutions Corp. ("TouchPoint"), has acquired certain assets of Winnebago Color Press, Inc. ("WCP"). Located in Menasha, WI, Winnebago provides a full range of commercial offset, digital print and marketing services to customers throughout the Midwest. The acquisition provides TouchPoint with expanded production capabilities, sales resources, and customer relationships. The Winnebago operations will be consolidated into TouchPoint's CoakleyTech/CCI operations in the Milwaukee area.
Chris Illman, President of CoakleyTech/CCI stated, "CCI/CoakleyTech will continue to support WCP's customers with diversified and specialized print and marketing solutions. With the additional resources of the TouchPoint Print Solutions family of companies, including a large network of operations throughout the US and leading technology platforms, we will continue to serve and exceed every client's expectation." Tom Simunek, CEO of TouchPoint added, "We are thrilled to be partnering with the WCP sales team. The company is noted for their intense focus on customer service and quality, and will be a great fit in the TouchPoint platform."
Huron partnered with Simunek in 2006 to pursue a buy-and-build strategy in the digital document management industry. The platform made its first investment in July 2007 with the acquisition of CoakleyTech. Since that time, Huron has completed 5 additional acquisitions for the platform, building TouchPoint into a $100 million diversified provider of document management, digital and commercial sheet fed printing, and related mailing and fulfillment services. Peter Mogk, a Partner at Huron noted, "Tom and the entire TouchPoint team have done a tremendous job building this investment from the ground up. Through thoughtful strategic planning, we've identified key products and services that we've been able to add to the platform through various acquisitions. While managing through some of the most difficult economic conditions in recent history, we've worked closely with Tom and his team to integrate these businesses into a single, cohesive entity."
About Huron Capital Partners LLC
Huron Capital is a leading private equity firm investing in lower middle-market companies. The firm typically invests between $10 million and $70 million in equity to sponsor buyouts, growth initiatives, corporate spin-offs and recapitalizations of growth-oriented niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron's strategy is to combine its operational approach, capital and transaction experience with proven management teams who have the vision, experience and commitment to grow their businesses.
Since its founding in 1999, Huron has acquired or invested in 52 companies with aggregate revenues approaching $1 billion. Investments have been made in the USA and Canada in a variety of areas, including print solutions & document management, education, healthcare products& services, specialty chemicals, specialty packaging, consumer products, home decor, passenger transportation services, building products, office furniture components and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. The firm has consistently generated top-quartile returns for its limited partners. For more information, please visit us at http://www.huroncapital.com.
SOURCE Huron Capital Partners LLC
Huron Capital Partners LLC
CONTACT: Peter Mogk, +1-313-962-5803, David Reynolds, +1-313-962-5810, Huron Capital Partners LLC
Web Site: http://www.huroncapital.com