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Announced

Completed

Harvest Partners-backed Fortis Solutions Group completed the acquisition of Anchor Printing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Printing and Copying Services

Private

Single Bidder

Domestic

Private Equity

Majority

Friendly

Completed

United States

printing

Acquisition

Synopsis

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Harvest Partners-backed Fortis Solutions Group, a provider of high impact printed packaging solutions, completed the acquisition of Anchor Printing, a printing specialist providing shrink sleeves, flexible packaging and pressure sensitive labels. Financial terms were not disclosed. "I have tremendous respect and admiration for the Weitz family and the nationally recognized business they have created, owned and operated for three generations. We are looking forward to working closely with the Anchor team and Andrew Weitz, who takes on a senior leadership position with Fortis as our President, Shrink and Flexible Packaging. We are very appreciative they have chosen Fortis to help continue their future growth, and bolster our core capabilities and talent across key product lines," John O. Wynne, Fortis President and CEO.

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