Tuesday, November 26, 2013
For those of you who were not aware of this:
Livingstone Inks Deal for Chris Fowler International
Livingstone Partners’ Industrial team has completed the successful sale of global financial print services group, Chris Fowler International (CFI), to Spanish-owned document, print and information management company Service Point Solutions. Leveraging its teams in London and Madrid, Livingstone advised the management and shareholders of CFI.
Headquartered in the UK and with wholly owned subsidiaries in Hong Kong and New Jersey, USA, CFI specializes in high quality, fast turnaround financial research printing services to blue chip organizations in major financial centres across the UK, European, US and Asia.
Service Point Solutions (SPS) will profit from CFl’s expertise in financial printing to add to its portfolio of existing products, as well as more exposure and contacts within the large investment banks – a market they are not selling into currently.
Kevin Eyers, MD at CFI, said of the deal: “Service Point is an excellent fit to carry on the name and services we have worked hard to build at Chris Fowler.”
SPS provides digital reprographics and document management services for the infrastructure, industrial, public and services sectors. It employs over 3,000 people across the eight countries including the UK, US, Spain, France, Germany, Holland, Belgium and Norway. The acquisition will also strengthen SPS’ presence in the Asian market.
Phillip McCreanor, head of the Industrial team at Livingstone London commented: “Financial printing fits well into SPS’ existing business offering. Its strong management team will ensure that CFI’s services are integrated properly into the business, allowing it to grow and contribute to the enlarged group’s ongoing success.”
Posted by Joel Salus at 10:46 AM