WESTMONT, IL Through a deal facilitated by The Open Approach, CoakleyTech now has new investment power to fuel buildout across all five plants of its operation. Tailored around CoakleyTech's growth initiatives, the terms of the transaction entailed its ownership transfer to Huron Capital Partners, a private equity firm with numerous successful investments in the print sector. Arrangements were finalized at the end of July.

"We have always been dedicated to generating value on behalf of our customers. Huron's investment will improve our products and services and key alliance relationships-giving our clients access to greater resources." noted Chris Illman, CoakleyTech's President and Chief Operating Officer. "The Open Approach helped us find the perfect fit."

"We have always been dedicated to generating value on behalf of our customers. The Open Approach helped us find the perfect fit."

—Chris Illman, President
CoakleyTech

A technology-driven enterprise headquartered in Milwaukee, CoakleyTech is recognized as one of the leading document management services providers in the Midwest. The company offers sophisticated data management and variable-imaging capabilities along with a proprietary consultative process proven to yield customers 20-30% in operational cost savings. One of its plants is also certified to serve as a USPS bulk mail center.

With additional funding provided by Huron, the company will extend its capabilities and sales network, facilitating nationwide expansion.

"CoakleyTech is a leader in its field. Their creative solutions and continued strong performance demonstrate the power of their technologies, capabilities, and people." explained Bob Cronin, Managing Partner and co-founder of The Open Approach. "The partnership with Huron Capital will provide the springboard for massive new growth."

The Open Approach is a leading consultancy/M&A firm that operates exclusively in the graphic arts industry. Comprised of former print CEOs, COOs, and sales leaders, the firm spearheads initiatives that drive company growth and profitability. Consulting services include corporate positioning, strategic direction, mergers and acquisitions, value enhancement, alliance opportunities, and sales and marketing assistance. It has been named as the exclusive M&A recommended agent of Printing Industries of America. The firm is based in Westmont, Illinois.

For more information, please email info@theopenapproach.net or call 630.323.9700.