The National Association for Printing Leadership (NAPL) has announced that TCP Printing, LLC (“Typecraft”), Pittsburgh, Pa., and MarketPlace Direct ("MPD"), McKees Rocks, Pa., have merged operations. James Kaufman, MPD Owner, will join Typecraft and assume responsibility for all accounting operations.
Serving as MPD’s strategic Mergers &Acquisitions advisor, NAPL introduced the parties, advised on the transaction price and structure, and prepared the letter of intent. Senior Vice President John Hyde, head of NAPL’s Mergers and Acquisitions Advisory Team, stated, “Greg Bozzi, Typecraft’s Owner, has demonstrated a vision for consolidation in the industry, and Jim Kaufman’s financial management background will be a wonderful complement as the team embarks on a growth-by-acquisition strategy.”
Typecraft is part of a family of companies specializing in web and commercial sheetfed printing. MPD is known for direct marketing services that include printing, mailing, and fulfillment. This acquisition follows a plan of expansion employed by Bozzi in numerous similar transactions over the past 25 years.
Bozzi observed, “Successfully merging two companies depends on the effective blending of different cultures, incorporating the best each has to offer to the whole. This blend relies heavily on strong internal systems and efficient processes. Jim will add immediate value to our systems and processes.”
Jim Kaufman added, “MarketPlace Direct is very excited about the merger. We have concentrated in mailing and fulfillment services for the past 17 years. Our combination with Typecraft gives extraordinary value to our customer base.”