Once in awhile we get to put together two businesses for a resulting much stronger operation.

We recently brokered the sale of the Independent Color Press, on Moultonville Road, Center Ossipee, NH, by Ernie and Marge Carter to Jim Graves and Marlene Crowder of Rochester Printing, LLC, in Rochester, NH. Ernie and Marge have been providing quality commercial printing to customers from the Mt. Washington Valley to the Lakes Region and southern NH for many years.

Jim and Marlene, who also own TKO Printing in Rochester, are looking forward to providing the same great service to the customers of ICP that the Carter’s did. Now with two locations, they can build upon their customer bases and expand their coverage. They are expecting to benefit greatly from the synergy resulting from the combination.

The sellers were represented by our Associates Stan Evans and Richard Corbyn. CIT Small Business Lending, represented by Beth Cleary, provided the financing and Attorney Stephen Hyde of Portsmouth handled the closing.

During a combination like this our Associates have to be very careful about managing confidential information. However this kind of transaction frequently represents the best opportunity sellers have to make a deal, and often results in higher sales prices, because of the increased value of a business to a strategic buyer.