Fiery to be acquired by Epson

Seiko Epson Corp. announced Epson has agreed with affiliates of Siris Capital Group, LLC, including Electronics for Imaging, Inc., on Sept.19, 2024, to acquire all interests in Fiery, LLC, the leading provider of digital front-end servers and workflow solutions for the print industry. The transaction is subject to customary closing conditions including required regulatory approvals. The acquisition is expected to close within 2024

“We are delighted to welcome Fiery into the Epson Group,” said Yasunori Ogawa. “We are confident that this agreement will not only drive further growth in our commercial and industrial printing businesses but also accelerate the digital transformation of the analog printing market in innovative way. Together with Fiery, we remain committed to contributing to our customers’ success and enhancing corporate value as we pursue new opportunities in the evolving printing landscape.”

“Epson’s acquisition of Fiery showcases the uniquely important role we play in enabling success across the entire print industry,” said Toby Weiss, CEO of Fiery. “As the leader in DFEs and workflow solutions, Fiery has built a long legacy of empowering OEMs to deliver the best possible results for their customers, and that legacy will be enriched under Epson’s strategic vision. Epson is a legendary company in the print industry, and we are thrilled to join the Epson family to drive the growth of digital printing worldwide together.”

“Siris has had an incredible partnership with Fiery, and Epson is the ideal owner to shepherd the company through its continued journey as a mission-critical technology provider to the printer industry,” said Frank Baker, co-founder and Managing Partner of Siris.

DC Advisory and UBS Investment Bank acted as EFI’s exclusive financial advisors in connection with the sale of its interests in Fiery to Epson.