Posts tagged: Consolidation

Sign of the times – SGIA Acquires NAPCO Media

Ron Gilboa
 Aug 7, 2019

On August 6, 2019 the Specialty Graphic Imaging Association (SGIA) announced that it has acquired NAPCO Media. “Under the terms of the agreement, which has been unanimously approved by SGIA’s Board of Directors, NAPCO Media – owners of Printing Impressions, Packaging Impressions, Promo Marketing, In-Plant Impressions, Total Retail, Target Marketing, and Wide-Format Impressions – will become an LLC and will continue to operate as an independent entity. All NAPCO Media staff and business units will remain in place. SGIA offices and NAPCO Media offices will continue to reside in Fairfax, Va., and Philadelphia, Pa., respectively. “

Since the 2017 announcement of the strategic partnership between SGIA and NAPCO to create the Printing United show, both vendors and print service providers have been abuzz about what this new relationship will bring to the industry at large. As industry segments such as sign & display, commercial printing, and packaging are becoming attractive to different types of PSPs, they are all looking to add value to clients and invest in the supporting technologies. In past decades technology capital expenditures and labor costs were barriers PSPs had to overcome a transition from one segment to another. Today with advancements in internet-based communications, cloud computing, digital workflow, and the growth in digital printing equipment, many PSPs can now reach out to adjacent segments using these technologies for the benefit of their clients, meeting the demand for mass customization and timely production. Read more »

More Consolidation as Fiserv Acquires First Data

Pat McGrew
 Jan 18, 2019

Billing and statement processing outsourcers with payment capabilities are continuing to consolidate in an attempt to dominate both the global payment and FinTech markets. On January 14th, 2019, Fiserv and First Data announced that they plan to consolidate their complementary technologies through a $22 billion deal that unites their strong merchant payment platforms, digital banking/billing solutions, and risk management options. Once the acquisition is complete (planned for 2H2019), Fiserv intends to refinance approximately $17 billion in First Data debt and to operate the combined business under the Fiserv name.

Fiserv and First Data

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