Association For Corporate Growth selected Art Litho as a Finalist for Deal of the Year
September 29, 2005 (Press Release) --
BALTIMORE, MD – September 29, 2005 – The Association For Corporate Growth (‘ACG”), Maryland Chapter, announced that Art Litho Printing Solutions has been selected as a finalist for its Deal Of The Year Award in the Manufacturing/Distribution category. The winner will be announced at this year’s awards ceremony held on October 6th at the B&O Railroad Museum, Baltimore, Maryland.
On December 3, 2004, Art Litho was purchased from Clondalkin Group by an investor group, which was led by Patricia Crowe and Vincent Crowe, former President of Art Litho. Clondalkin Group commented at the time “the decision to sell Art Litho reflects the fact that in recent years, the Group has focused more on the packaging market.”
The investor group was assisted in putting the transaction together by M&T Bank who helped funded the transaction, Miles& Stockbridge who provided legal counsel to the buyer, and Ellin &Tucker who were advising accountants to the investor group.
Patricia Crowe, President of Art Litho, commented, “we were thrilled to close this transaction. We had true professionals advising us on how best to structure and close this deal. We signed the Confidentiality Agreement on September 2nd, the Letter of Intent on September 15th and closed the deal on December 3rd. All of our advisors and partners played a huge role in closing this deal in less than three months.”
About Art Litho, ACG
Art Litho is a dynamic, woman-owned, print solutions provider serving the Mid-Atlantic graphics communications market. Art Litho manufactures high quality four-color sheetfed and web printing, as well as provides finishing, mailing, warehousing and online fulfillment solutions. Website: www.artlitho.com. For more information about Art Litho Printing Solutions, call local at 410-789-5300 or 800-933-3204, toll free.
Founded in 1954, the Association for Corporate Growth (ACG) is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies.
On December 3, 2004, Art Litho was purchased from Clondalkin Group by an investor group, which was led by Patricia Crowe and Vincent Crowe, former President of Art Litho. Clondalkin Group commented at the time “the decision to sell Art Litho reflects the fact that in recent years, the Group has focused more on the packaging market.”
The investor group was assisted in putting the transaction together by M&T Bank who helped funded the transaction, Miles& Stockbridge who provided legal counsel to the buyer, and Ellin &Tucker who were advising accountants to the investor group.
Patricia Crowe, President of Art Litho, commented, “we were thrilled to close this transaction. We had true professionals advising us on how best to structure and close this deal. We signed the Confidentiality Agreement on September 2nd, the Letter of Intent on September 15th and closed the deal on December 3rd. All of our advisors and partners played a huge role in closing this deal in less than three months.”
About Art Litho, ACG
Art Litho is a dynamic, woman-owned, print solutions provider serving the Mid-Atlantic graphics communications market. Art Litho manufactures high quality four-color sheetfed and web printing, as well as provides finishing, mailing, warehousing and online fulfillment solutions. Website: www.artlitho.com. For more information about Art Litho Printing Solutions, call local at 410-789-5300 or 800-933-3204, toll free.
Founded in 1954, the Association for Corporate Growth (ACG) is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies.
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