Press Releases – 2021
Martin Yale Industries Announces Acqusition of Postmark, Inc. Wabash, Indiana Martin Yale Industries, LLC, a portfolio company of Michigan based LV2 Equity Partners, is announcing its third bolt-on acquisition with the closing of the Postmark, Inc. transaction. Postmark, located in San Luis Obispo, CA, is a leading provider of mailroom solutions with their world class letter openers and their inkjet printer solutions targeted for the packaging, printing, healthcare, pharmaceutical, and automation markets. This strategic acquisition emphasizes Martin Yale’s continuing commitment to bring innovation and quality to the mail, print, labeling, and packaging industries.  “Postmark’s letter openers complement our current line of letter openers perfectly while the inkjet printer products align with our recent efforts to penetrate the packaging and labeling sales verticals,” said Greg German, President, Martin Yale. “It is exciting to add these state-of-the-art solutions to our expanding product portfolio.” As part of the acquisition, Postmark’s manufacturing operations will be relocated to Martin Yale’s facility in Wabash, Indiana. This move will increase manufacturing capacity and efficiency for the Postmark products, as well as ensure that all Postmark customers will receive the high standard of customer service and technical support that is synonymous with the Martin Yale brand. Dickinson Wright and Plante Moran served as legal and financial advisors on this transaction. About LV2 Equity Partners, LLC LV2 Equity Partners is a Michigan based private equity group that invests in niche manufacturers, value-added distributors, and specialty service companies located in the Midwest. We create value in our investments through appropriate capitalization and a focus on operational excellence, growth and management processes. CONTACT:
Read the MiBiz article, “MiBiz roundtable:
M&A experts forecast
strong deal flow in
post-pandemic rebound”
|
