Wharton-based Sunset Printing and Brand Management Solutions acquired the book of business of North Bergen-based Remco Press of NJ.
Graphic Arts Advisors LLC, a Mountain Lakes-based national mergers and acquisitions advisory and consulting firm devoted exclusively to all sectors of the graphic communications industry, represented Remco in the transaction.
“My company is always seeking suitable acquisitions,” noted Rob Wainer, president of Sunset. “When GAA approached me about Remco, I saw immediately that it was a good fit.”
Sunset offers full-color printing and multi-process printing, which Remco specializes in. This niche includes services such as foil stamping, raised printing, letterpress, intaglio printing, Indigo digital printing, dye sublimation, die cutting, and foil and color edging.
Additionally, Sunset provides data and mailing services, collateral and inventory management, and an online automated ordering system through NetEZPrintX, a proprietary and customer-specific platform that’s integrated into the customer’s software to automate the payment and accounting of the order.
“Remco customers will benefit from having access to Sunset’s additional services all in one place. This includes full color printing at competitive rates—something Remco was too small an operation to offer,” said Anthony Skalicky Jr., who operated Remco with his father Anthony Skalicky Sr., in a prepared statement.
While COVID-19 hit businesses of all kinds, it hit Remco press personally: Skalicky Sr., who operated Remco’s equipment, passed away from the virus this year.
The junior Skalicky focused on graphic design, sales and customer relations.
“Remco had been a successful company since my grandfather founded it in 1962,” said Skalicky Jr. in a prepared statement. “With my father’s passing, I knew it was time to make a good decision about the company for me and my customers. My father had operated the equipment and now our ability to produce and maintain our high level of quality was compromised. My father’s level of experience and skill would have been extremely difficult to replace. I turned to GAA for advice and with their guidance decided that selling my book of business to a company that could continue to provide great service to my clients was the best move.”
“When Tony approached me, I knew, based on Remco’s specialty in highly customized corporate identity collateral, event materials, and similar specialty products, that there were only a few select companies that would be a good fit for this particular niche,” said GAA Senior Managing Director Mark Hahn in a prepared statement. “Through careful review of GAA’s proprietary database and knowledge of the print-centric market, we identified a short list of potential candidates, including Sunset. We quickly negotiated the M&A deal while also planning and executing the orderly wind-down of Remco’s legacy corporate identity.”
The acquisition is expected to be “substantially concluded” within 60 days, according to GAA Managing Director of Special Situations John Hyde.
With the acquisition, Skalicky joins Sunset, where he will head the sales operation. He will focus on transitioning Remco customers to Sunset and developing new business.