Business Card, Inc. Acquires Printing Company
August 25, 2009
After nearly a year of discussions and court proceedings, Business Card, Inc. (asi/42849) has acquired Nashville-based Triangle Wholesale Printing & Pad Company. Financial terms were not disclosed. The deal was approved following a bankruptcy auction in which Business Card, Inc. was left as the highest bidder for Triangle's assets. "It is very gratifying to be in a position where we picked up a lot of business," says Joel Isenstein, president of Business Card, Inc. "There are certainly strategic benefits to this deal. It's a win-win for all of our customers."
Business Card, Inc. has moved Triangle's operations, equipment and certain personnel to Tullahoma, TN. In business for 77 years, Triangle has specialized in memo pads and booklets, but did not market to the ad specialty industry. Isenstein plans to complement his company's business card offerings with Triangle's previously untapped promotional services. "One of the first things we did was get their pre-press capacity updated," Isenstein says. "We worked on prior orders and took care of their customers."
With a staff of almost 50 employees, Business Card, Inc. was established in 1951. It provides business cards, postcards, envelopes, newsletters and other printing services. "With more products to sell, our goal is to provide the best possible service, with reduced turnaround time," Isenstein says. "When clients come to us looking for business cards, we can now offer additional resources."