Leading print industry consultant The Open Approach has successfully brokered the sale of another print manufacturer—Van Nuys, CA-based InterPrint—generating positive results for all involved parties.

"The transaction was a perfect match for our portfolio. We will definitely look to (The Open Approach's) team again for future acquisition candidates."

—Jason Elk
Pendleton Capital

The deal enables previous owner Alpine Capital to liquidate a $120 million private equity fund, buyer Pendleton Capital to round out a middle-market investment offering, and InterPrint to capitalize on immediate growth opportunities through infused capital and new management expertise.

Acting on behalf of Alpine Capital, The Open Approach led the M&A process, leveraging its exclusive print industry network and investment firm relationships to identify potential buyers. From there, The Open Approach targeted selected candidates that could mutually benefit from the transaction. With strategic considerations approved by Alpine, The Open Approach completed negotiations—spanning all operational, production, and management changes, to ensure a smooth ownership transition.

"We are extremely pleased with the new wealth-creation opportunities afforded by the acquisition of InterPrint," commented Jason Elk of Pendleton Capital. "Its proven business model and customer base provide a solid foundation from which we can drive enormous shareholder value. The transaction was a perfect match for our portfolio and management skills. And, The Open Approach made the process easy. We will definitely look to their team again for future acquisition candidates."

A diversified print and media solutions provider, InterPrint delivers a unique products/services/Internet combination to the lucrative healthcare insurance print sector. The ownership transfer will facilitate rapid expansion across national customer affiliate networks, in both core and ancillary markets. The company is located just outside Los Angeles, one of the top two metropolitan printing markets nationwide.

The Open Approach is a leading consultancy and M&A firm that operates solely in the graphic arts industry. It has recently been named as the exclusive M&A recommended agent of Printing Industries of America.

Comprised of proven former print CEOs, COOs, and sales leaders, The Open Approach spearheads initiatives that drive company growth and profitability. The InterPrint transaction is one of several successful M&A activities recently led by company partners. Other consulting services include corporate positioning, strategic direction, value enhancement, alliance opportunities, and sales and marketing assistance. The firm is based in Westmont, Illinois.

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