Charterhouse Acquires Intelligent Print Solutions, Entering UK's Top 5 Print Management League

Strategic Insights -

Charterhouse, a leading print management specialist, has finalized the acquisition of Intelligent Print Solutions (IPS), a print management operation based in Tonbridge, Kent. The combined company, Charterhouse Intelligent Print Solutions, aims to achieve a turnover of £60m in 2006/07, making it the fifth largest print management company in the UK by print spend. The acquisition brings together the expertise and services of two leading independent print management firms, serving top brands such as AirMiles, Cattles, and Marks & Spencer.

Key Takeaways:

  • Charterhouse has acquired Intelligent Print Solutions, a print management operation based in Tonbridge, Kent, making it the fifth largest print management company in the UK by print spend.
  • The combined client base features many leading brands, including AirMiles, Cattles, ING Direct, and Marks & Spencer.
  • The acquisition unites two companies with similar structures, services, and philosophies, increasing the combined company's portfolio of expertise and services.
  • IPS clients will continue to receive high-quality service from their familiar account management teams.
  • Charterhouse has expanded its expert support teams significantly, with the addition of IPS staff.
  • Mike Newman will remain as Managing Director, while IPS directors John Munro, Matthew Stephens, and Nick Pride will join the Charterhouse board.
  • The company now employs 110 staff across its offices in Hatfield, Herts, London, Tonbridge, Kent, and Amsterdam.

Statistics:

  • Charterhouse has achieved 33% year-on-year organic growth over the last 3 years.
  • The combined company is expected to achieve a turnover of £60m in 2006/07.
  • The acquisition brings together the expertise and services of two leading independent print management firms.
  • Approximately 80% of Charterhouse's activity is in print management for brand owners and agencies.

Sources:

  • M2 PRESSWIRE-1 June 2006-Charterhouse Intelligent Print Solutions: Charterhouse buys Intelligent Print Solutions; Acquisition propels Charterhouse into UK's top 5 print management league