Ohio-based Proforma Signature Solutions (asi/300094) has announced the acquisition of Artistic Printing and Specialty Advertising. Financial terms of the deal, made public yesterday, were not disclosed. “Acquisitions are a key strategy in our growth plan as we work toward achieving our $5 million goal,” said Dennis Funk, co-owner of Proforma Signature Solutions. “Artistic Printing and Specialty Advertising has an established book of business and we expect to see an immediate and significant growth in our sales.”
Per the transaction, Brenda Williams, the previous owner of Artistic Printing and Specialty Advertising, will join Proforma Signature Solutions as a national accounts manager. Williams founded Artistic in 2003 and has been in the print and promotional industry for 33 years. “Partnering with Proforma is an exciting growth opportunity for Artistic Printing and Specialty Advertising,” said Williams. “Proforma will give me the back office and financial support I need to increase my sales while also freeing up my time so I can pursue my passions in life.”
Funk and co-owner Rich Bewley have built Proforma Signature Solutions into a strong multimedia provider, offering clients packages involving HD video, motion graphics, interactive websites and mobile apps. The pair expects to bolster Artistic through e-commerce and digital solutions.
Proforma Signature Solutions has now completed eight acquisitons in its history. For each of the past five years, the firm has appeared on the Inc. 5000 list of the Fastest Growing Private Companies in America.