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Ennis, Inc. completes acquisition of Printing Technologies, Inc. (PTI) to enhance product offerings

Jun 26, 2024over 1 year ago

Acquiring Company

Ennis

Acquired Company

Printing Technologies (PTI)

MidlothianIndianapolisPrintingManufacturingManufacturing

Description

Ennis, Inc. (NYSE: EBF) has successfully acquired Printing Technologies, Inc. (PTI) of Indianapolis, IN. This strategic acquisition aims to leverage PTI's unique products and capabilities to enhance Ennis' product offerings in the field of printing technologies.

Company Information

Company

Ennis

Location

Midlothian, Texas, United States

About

Ennis, Inc. (www.ennis.com) is primarily engaged in the production and sale of business forms and other business products. The Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, the Company has production and distribution facilities strategically located throughout the United States of America to serve the Company’s national network of distributors. The Company manufactures and sells business forms, other printed business products, printed and electronic media, presentation products, flex-o-graphic printing, advertising specialties and Post-it® Notes, internal bank forms, plastic cards, secure and negotiable documents, envelopes and other custom products.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed