Performance POP Acquires Miramar Designs
July 17, 2014. Dallas, TX Dallas based Point of Purchase (POP) printer and display manufacturer, Performance POP, has acquired Miramar Designs, a Fort Worth based permanent display company. Miramar is known for its simple solutions to complex displays along with its extensive experience with mixed material displays including wood, metal, plastic, and lighting elements. With this acquisition, Performance POP continues to add more capabilities to its semi-permanent and permanent display division, which will benefit both Performance’s client base as well as Miramar’s.
Performance POP, formerly known as Performance Printing, has a commitment to fast, cost effective, dynamic solutions. By bringing in Miramar’s expertise in the design, engineering, production, shipping and installation of permanent displays, Performance offer this same commitment on an even larger scale.
EFI Acquires Marketing Automation Software Provider
On July 21, 2014, EFI announced the acquisition of DirectSmile GmbH, a leading provider of software solutions for cross media marketing automation
The acquisition of DirectSmile, a leading supplier of VDP and cross media marketing automation has offerings in the Corporate, Agency & Design sectors in addition to the print space and thus creates additional growth opportunity. This acquisition provides a significant value proposition for EFI and its customer base and builds on the company's ability to sell into its MIS/ERP customer base by creating a stronger complete EFI workflow automation solution.
Direct Smile will continue to be sold stand-alone as well as integrated with EFI's Digital StoreFront. The DirectSmile team will join the Web-To-Print Solutions product team, and Christoph Schacht and Christoph Clermont, former principals of DirectSmile, will stay on with EFI and join the Web-To-Print Solutions group.
xpedx and Unisource Will Be Called Veritiv
(May 20, 2014) – xpedx, a business of International Paper (NYSE: IP) and Unisource Worldwide, Inc., today announced that they have chosen the name Veritiv for the leading distribution solutions company that will be created upon completion of their merger. The name Veritiv comes from the roots of three words: “verity”, meaning true, and “active” and “connective”. Common stock of the new company is expected to trade on the New York Stock Exchange under the symbol VRTV.
“The name of our combined company reflects the core strength of our new organization – our commitment to deliver with excellence and shape our customers’ success,” said Mary Laschinger, who will serve as Veritiv’s Chairman and Chief Executive Officer. “Veritiv will meet and exceed our customers’ expectations by providing them with the end-to-end print, packaging, facility and logistic solutions they need to make their key business operations more efficient and more sustainable. We look forward to completing the transaction and leveraging Veritiv’s broad geographic reach, extensive product offerings and differentiated and leading service platform.”
As previously announced, Unisource and xpedx have agreed to merge to create a leading North American business-to-business distribution company. The company will begin operating under the name Veritiv and will introduce its new brand/logo immediately after the closing of the transaction, which is expected to occur early in the third quarter of 2014, upon satisfaction of the remaining closing conditions.
Upon completion of the merger, which is being facilitated through a Reverse Morris Trust structure, the new company will have projected annual revenue in the range of $9 to $10 billion and will have approximately 9,500 team members across more than 170 distribution centers in North America. The combination is expected to generate approximately $150 million to $225 million in annual net synergies.
Source: Company Press Release
FASTSIGNS® Receives High Honors for Franchisee Satisfaction in Canada
Monday, April 21, 2014
Press release from the issuing company
Canadian Franchise Association Recognizes the Signage & Visual Graphics Franchise for itsDedication to Superior Franchisee Relations, Team Work and Communication
CARROLLTON, Texas – Constantly receiving top ratings by U.S. organizations for its high levels of franchisee satisfaction, FASTSIGNS International, Inc.—the worldwide franchisor for the more than 545 FASTSIGNS® sign, graphic and visual communications centers—has been recognized by an industry organization for reflecting that same commitment to its Canadian franchise partners.
The franchisor was a Silver finalist in the “Traditional – Mature Franchises” category of the 2014 Canadian Franchise Association (CFA) Award of Excellence in Franchising, and was also named a Franchisee Choice designee for the third consecutive year. Both awards were presented to FASTSIGNS on April 7, 2014 during a Gala Awards Presentation at the CFA National Convention in Niagara Falls, Ontario, where the company was also recognized for 20 years of continuous membership with the CFA.
Voted on by Canadian franchise partners, the CFA Awards of Excellence in Franchising are open exclusively to CFA members who have been franchising for three or more years, and recognize excellence in franchise operations. The winning franchise systems were chosen based on results of a survey completed by member franchisors and franchisees about their experiences with their franchise system and colleagues.
CFA President and Chief Executive Officer, Lorraine McLachlan, said the franchises that were awarded demonstrate a dedication to superior franchisee relations, team work and communication. She explained, “The CFA Awards of Excellence in Franchising truly set the benchmark for franchises throughout Canada. And, because the awards are based on franchisee responses, it is a significant honour for a franchise system to be so highly regarded.”
With 23 centers throughout Canada and an additional eight new centers currently under development, the signage and visual graphics franchisor’s main focuses are maintaining an open line of communication within the franchise system and helping make franchise partners more profitable.
“The relationship between a franchisor and a franchisee is truly a partnership. That’s why it’s important for us to ensure the happiness of our franchisees and that we are providing them with all the tools and support they need to be successful,” said Mark Jameson, Executive Vice President of Franchise Support and Development at FASTSIGNS. “This recognition is a testament to the dedication of our team’s efforts and focus in putting franchise partners first. We are very proud of this achievement – it’s the ultimate compliment from our Canadian franchise partners.”
The Franchise Research Institute and Franchise Business Review have also recently recognized FASTSIGNS for outstanding franchisee satisfaction and support.
Brodnax Printing Wins Best of Show
The Printing & Imaging Association of MidAmerica has announced that Brodnax Printing of Dallas, Texas was recognized with the prestigious Best of Show award in the Association’s 25th Annual Graphic Excellence Awards Competition. The announcement was made April 3rd at the Association’s 2014 Graphic Excellence Awards Gala, held at Lone Star Park in Grand Prairie Texas with over 200 industry professionals in attendance.
The winning entry was a catalog produced for Hockaday School, a private school located in Dallas. The printed piece was a complex tapestry of manufacturing challenges thus earning the entry its Best of Show recognition by a panel of independent judges. “The entry required superb planning and attention to detail. There were dozens of elements to consider, from type of paper to binding to finishing that required a talented team to produce. This entry truly earned Best of Show recognition,” stated Glen Petry, the senior judge of the competition.
Other Best of Show winners included: Blanks (Best of Show Honorable Mention); ColorMark (Best of Show Honorable Mention); and Quad/Williamson (Best of Show Gold, Silver, and Bronze).
The 2014 Competition was made possible by the support of the following companies: Clampitt Paper, B&D Binder Index, Balcones Recycling, Canon, Cornerstone Credit Union, FujiFilm, Heidelberg USA, Hewlett-Packard, IFC Benefit Solutions, Marathon Solutions, Nova Copy, Olmsted-Kirk Paper, Printer's 401K, Texas Recycling/Surplus, Top Level Ink, Valley Solvents, Xerox, and xpedx.