Genoa Capital Partners Arranges Financing For OMNI Print Inc

Local printer solutions company obtains working capital to accommodate continued growth.
 
SANTA ANA, Calif. - May 6, 2014 - PRLog -- Genoa Capital Partners, a merchant bank and advisory firm based in Orange County, has recently announced the completion of financing for OMNIPrint Inc. The Santa Ana-based manufacturer and distributor of printer products and solutions plans to use the funds obtained by Genoa Capital Partners to provide the company with working capital for investments in new technology. OMNIPrint intends to remain more competitive than ever in an industry generating more than $171 billion in revenue.

“We are pleased with the arrangement of working capital and have high hopes for the company’s future,” said Dan Dalfiume in a statement for Genoa Capital Partners.

The overall printing industry has gone through quite a transformation over the past five years as digital media began replacing traditional forms of advertisement in favor of online advertisements. Despite reported declines in the print industry, the print industry still has a promising future ahead and is still one of the largest industries in the world generating more revenue than even the auto manufacturing industry.

While the digital space continues to get saturated with more noise thereby losing its effectiveness, print remains an American staple to business large and small contributing to better conversion rates and higher returns on investments. The web is now commonly being used to place more print orders indicating that the print industry isn’t going anywhere anytime soon.

Founded in 1984, OMNIPrint Inc. has been developing strategic partnerships with leading edge companies with the a reputation for reliable printer products and solutions. The printer solutions company acquired its financing through Genoa Capital Partners, an advisory group that brings an end-to-end solution to management teams: evaluating strategic options, defining key objectives, developing action plans, and executing transactions. Genoa Capital Partners also works alongside companies that are under-capitalized, with recent poor operating and economic performance; or for companies with difficult borrowing needs that cannot be served by the banking community.

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Dan Dalfiume
***@genoacap.com
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Tags:Dan Dalfiume, Genoa Capital Partners, OMNIPrint Inc.
Industry:Banking, Business
Location:Santa Ana - California - United States
Subject:Partnerships
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Page Updated Last on: May 06, 2014
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