Leading web-to-print provider, Print Evolved, has announced the acquisition of full service, quality print company, Mayfield Press (Oxford) Ltd. This brings together two long established technology-based print companies to form a joint enterprise maximising the strengths of each.
Initially the Mayfield acquisition will be under the Ivor Solution name, the acquisition arm of Print Evolved. The company plan other potential acquisitions, a key part of Print Evolved’s growth strategy, also within the Ivor Solution portfolio whilst the future group structure is finalised. Mayfield will continue to trade under its well-known and respected brands.
Print Evolved Managing Director, Spencer Slee, comments: “The extended period of Covid has significantly impacted the print industry, prompting an in-depth review of business strategy to maximise future potential. The acquisition of Mayfield is part of our strategy, giving benefits for both businesses. For Print Evolved, this gives us additional large format capacity and high-quality design agency services. Together we can offer all our customers an even more comprehensive service package, all controlled in-house”
Mayfield’s Managing Director, Cameron Thomson adds, “We are delighted to be joining the Print Evolved group in their plans for the future growth of the business. The addition of their specialist web-to-print solutions gives us so much more to offer customers and the introduction of their automated workflow systems will help us increase capacity and improve production efficiency. It also allows us to offer an economical same-day service in the London area. It’s good for our customers, and for us too.”
The bringing together of the two specialist print companies was facilitated by print industry mergers and acquisition specialists, Richmond Capital Partners. CEO Paul Holohan concludes: “The two companies have substantial synergy, and we are delighted to have been instrumental in bringing them together. We do have a long and successful track record with Print Evolved and our knowledge of their business enabled us to introduce this potential acquisition to them. I’m sure this will be a fruitful liaison and that the group will add further acquisitions to extend their offer to clients.”
For more information, visit: Print Evolved | Web To Print Technology Specialist