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Noritsu Koki Co. acquires audio company JLab for $370 million Acquisitions News 

Noritsu Koki Co. acquires audio company JLab for $370 million

GaryPageau
Photofinishing equipment pioneer Noritsu Koki Co. Ltd. continued its diversification into the audio market with the acquisition of San Diego, Calif.-based JLab for $370 million; the transaction is expected to close in the second quarter. As a part of this new ownership, JLab will continue to operate as an independent company under the JLab name, with its sales, marketing, product... Read More
Sue Bryce Education/Portrait Masters acquired by Emerald’s Photo Group Acquisitions 

Sue Bryce Education/Portrait Masters acquired by Emerald’s Photo Group

GaryPageau
Sue Bryce Education and The Portrait Masters have joined Rangefinder + WPPI and PHOTOPLUS as part of Emerald’s Photo Group. The acquisition adds two successful online education platforms and an intimate annual conference and tradeshow to Emerald’s photography brands, the company said. Photographer and educator Sue Bryce co-founded Sue Bryce Education (SBE) in 2015 with partners Aaron Andersen, Craig Swanson and... Read More
MailPix commemorates seven years of acquisitions and growth Acquisitions News 

MailPix commemorates seven years of acquisitions and growth

GaryPageau
MailPix, the photo-printing, canvas and gifting site, commemorates the seven-year anniversary of its acquisition of a major competitor, Winkflash. At the time, the 12-year-old photo-printing site was based in Attleboro, MA. At the time, Fred H. Lerner, CEO and founder of MailPix, noted: “MailPix is well-positioned to continue its accelerated growth path, through both acquisitions and organic expansion via mobile... Read More
Apollo Global Management to acquire Michaels for $5 billion Acquisitions 

Apollo Global Management to acquire Michaels for $5 billion

GaryPageau , ,
Craft retailer The Michaels Companies announced it has entered into a $5 billion deal to merge with affiliates of investment fund Apollo Global Management. (Incidentally, Apollo Global Management owns Shutterfly Inc.) Under the terms of the agreement, Apollo will commence a tender offer to acquire all outstanding shares of Michaels for $22.00 per share in cash. The purchase price represents... Read More
Fotomerchant acquires eCommerce platform SimplePhoto Acquisitions 

Fotomerchant acquires eCommerce platform SimplePhoto

GaryPageau ,
Sydney-based Fotomerchant, the workflow platform for volume studios, announced it acquired SimplePhoto, the long-running eCommerce platform for the photography market. This marks the first acquisition for Fotomerchant as it continues its expansion into global markets, the company said. The announcement said the combined decades of experience, development experience, and service/support teams will “drive the volume industry forward through innovation and... Read More
Vivid-Pix acquires Reunions Magazine Acquisitions 

Vivid-Pix acquires Reunions Magazine

GaryPageau ,
Vivid-Pix, the provider of AI-powered image restoration software, has acquired Reunions magazine, a leading publication for reunion planning and celebration. From its beginnings as a print magazine and expanding online, Reunions magazine provides education, resources, and event sharing – pre-, during-, and post- the reunion event, according to the announcement. Reunions magazine will be updated and expanded for easy access... Read More
Edge Imaging acquires Ontario studio Bob Johnson Photography Acquisitions News 

Edge Imaging acquires Ontario studio Bob Johnson Photography

GaryPageau ,
Toronto-based school photography leader Edge Imaging announces the acquisition of local firm Bob Johnson Photography. The acquisition adds primarily to Edge’s graduation photography portfolio in the Peterborough, Ontario region, the company said. The acquisition will add 6 high schools and two private schools to the Edge Imaging portfolio. “Edge’s ability to grow in this challenging time is incredibly encouraging and... Read More
Dead Pixels Society podcast: ImageQuix and Capturelife combine; what does it mean for school and event photography? Acquisitions News Podcasts 

Dead Pixels Society podcast: ImageQuix and Capturelife combine; what does it mean for school and event photography?

GaryPageau , ,
Gary Pageau of the Dead Pixels Society talks with Rich Scanlon, CEO of ImageQuix, and Scott DeFusco, founder and CEO of Capturelife, about the breaking news that ASG, the parent company of ImageQuix and Photolynx, has acquired Capturelife. We’ll talk about what the combination means to customers for both companies, where future growth opportunities are, and the changing volume photography landscape. Read More
Alpine Software Group acquires Capturelife Acquisitions News 

Alpine Software Group acquires Capturelife

GaryPageau , , ,
Alpine Software Group (ASG), the owner of volume-photography stalwarts ImageQuix and PhotoLynx, added a third volume-photography company to its portfolio with the acquisition of Capturelife. Terms weren’t disclosed. Scott DeFusco, co-founder of the company is staying on with other key staff. Jeff Eckerle, the other co-founder, will be leaving at a later date to pursue another opportunity. This is the... Read More
Tyndell assumes ownership of Tap’s Stock Photo Division Acquisitions News 

Tyndell assumes ownership of Tap’s Stock Photo Division

GaryPageau , ,
Tyndell Photographic announced the purchase of the Tap Stock Photo Division — formerly known as Taprell Loomis — from Tap Packaging + Design. Terms weren’t disclosed. Tyndell is a longtime Tap product dealer and adds the products as an official Tyndell brand. “We’ve had a longstanding and good relationship with Tap for more than 25 years,” says Ben Tyndell, president, Tyndell... Read More
Merged SGIA and PIA associations become PRINTING United Alliance Acquisitions News 

Merged SGIA and PIA associations become PRINTING United Alliance

GaryPageau , ,
The Specialty Graphic Imaging Association (SGIA) and Printing Industries of America (PIA), which merged May 1, 2020, announced the new combined organization name: PRINTING United Alliance (PRUA). PRINTING United Alliance also announces its official board of directors as a merged entity. “PRINTING United Alliance is a reflection of the invaluable partnerships and industry convergence that has evolved over time,” says... Read More
SGIA, PIA complete merger Acquisitions News 

SGIA, PIA complete merger

GaryPageau ,
The Specialty Graphic Imaging Association (SGIA) and Printing Industries of America (PIA) announce, as of May 1, 2020, the two organizations will officially merge into an as-yet-unnamed association. “SGIA and PIA are together committed to serving the graphic arts community with preeminent research, education, training, events, legislative support, government affairs, health and safety, and other key industry services,” the news... Read More
Xerox abandons tender off for HP, due to COVID-19 pandemic Acquisitions News 

Xerox abandons tender off for HP, due to COVID-19 pandemic

GaryPageau ,
Xerox Holdings Corp. is abandoning its effort to acquire much-larger rival HP Inc., citing the “macroeconomic and market turmoil” caused the COVID-19 pandemic. The company said it is withdrawing its $24-per-share tender offer to acquire HP and will also no longer seek to nominate  a slate of candidates to HP’s Board of Directors. The company’s statement continued: While it is... Read More
AlphaGraphics appoints Brad Swimmer to support strategic franchise growth Acquisitions People on the Move 

AlphaGraphics appoints Brad Swimmer to support strategic franchise growth

GaryPageau
AlphaGraphics, a franchisor of printing and marketing solutions, named long-time franchise expert Brad Swimmer to lead the company’s efforts to grow through franchise conversions and acquisitions. Swimmer, a former Fortune 500 financial manager, owned and operated the AlphaGraphics location in Cleveland with his wife, Judy, from 1991 until 2019. The Cleveland franchise location was twice named to the AlphaGraphics Gold Circle Centers and earned multiple... Read More