Financial details of the deal were not disclosed. However, Vision’s management has said that Point Imaging’s 60,000-square-
“We have been partnering with Point Imaging for about a decade,” said Doug Powell, CEO of Vision Integrated Graphics. “By acquiring them at this time, we have taken a quantum leap in our production mix, adding Point Imaging’s high-volume point-of-purchase/
“The acquisition expands our wide-format presence beyond our current roll-to-roll capabilities, including the ability to print direct to rigid substrates and a more robust array of grand-format print options. With this enhanced service offering, clients of both Vision and Point will benefit from this full range of services provided by a single highly responsive source. Our expectation is that this acquisition will be quickly integrated and accretive, due to our long-standing relationship and similar cultures,” Powell added
Vision has proactively addressed the many changes that have come its way over the past 50 years, including merging the original company, Award/Vision, with Steve Smits’ Alpha Beta Press in 2005. The combined companies now generate about $40 million in annual revenues.
The printer is one of the largest independent users of HP Indigo press technology in the United States. The acquisition of Point Imaging adds HP Scitex and EFI VUTEk grand-format printers to its robust production platform. “HP will continue to be a strong partner that will contribute to the continued success of our organization as we move forward,” Powell commented.
“We are delighted to be officially joining the Vision Integrated Graphics family,” said Huseman said. “One of the biggest benefits this will bring to our existing customers and prospects is access to Vision Integrated Graphics’ proprietary Web-to-print solution and streamlined workflow. This is an element that has been neglected in the high-volume POS/POP and out-of-home markets. By deploying these advanced capabilities, we will further improve our leadership position in the national sign and display market, making doing business with us even easier than ever before.”
Deployment of MyMarketingHub, Vision’s Web-to-print solution, in the sign and display graphics market brings a capability that has long been a “missing link” for that market and is a significant business objective for the combined companies for 2012, according to Vision President Smits. He added, “MyMarketingHub is a unique customer portal that we have built from the ground up. It is ideally suited to manage the expanded workload and product mix that this acquisition will bring.”
Smits points out that another benefit of this acquisition for both companies and their respective customers is the blend of sales strategies between the two companies. “Vision Integrated Graphics’ sales force has traditionally been local to Chicago, although with a national reach and clients among several well-known brands. Point Imaging had both a national sales force and national reach with its grand-format business,” he said.
“With this acquisition, Vision Integrated Graphics is even more strongly positioned for continued growth and it gives us the ability to more effectively cross-sell our broad array of production services.”
For more information about Vision Integrated Graphics, visit http://www.VisionPS.com, or call (312) 373-6300. To learn more about Point Imaging, visit http://www.PointImaging.com.
Vision Integrated Graphics has been in business for over 50 years. With three locations in Chicago and a national sales footprint, the company is a leading provider of full-service marketing solutions. Vertically integrated services include strategic planning and development, execution of cross-media and integrated marketing campaigns, digital and conventional print production services, Web-to-print services, direct mail and list services, large-format graphics and national installation services, fulfillment and logistics, and analytics and reporting.Vision is dedicated to helping clients establish a realistic ROI for marketing services and continuing to refine their marketing strategies. The company has three production facilities and about 235 employees, with annual revenues of approximately $40 million.
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Point Imaging, a part of the vision Integrated Graphics Group, is a world-class, sustainable, large and grand format digital imaging company. Visual marketing solutions for in-store graphics, event marketing graphics, mobile marketing graphics and display solutions. Centrally located in the Chicago area, Point Imaging offers national clients with the highest level in logistical savings and reduction in environmental impact.