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NAUTIC PARTNERS INVESTS IN IMAGING TECHNOLOGIES SERVICES
Firmís Fifth Platform Investment in 2005
Providence, RI — October 13, 2005
Nautic Partners, LLC, a private equity firm with more than $1.8 billion of capital under management, announced today that it has invested in Imaging Technologies Services, LLC (ITS). ITS, headquartered in Atlanta, Georgia, is a leading provider of technology-enabled printing, fulfillment, and marketing services. Terms of the transaction were not disclosed.
ITS’ largest division, Marketing and Business Services, combines printing, fulfillment, marketing services, and software development to create, print, and distribute customized materials for its customers. Examples include point-of-purchase displays, menu boards, customized mutual fund reports, and cellular phone plan summaries. ITS also offers reprographics and expedited logistics services.
“ITS is a leader in integrated services offerings for its customers,” said Brad Wightman, Principal at Nautic Partners. “Because of the Company’s strong customer relationships, favorable market position, and excellent management team, we see numerous opportunities to grow the business, particularly in the Marketing and Business Services division. ITS has the ability to further penetrate existing industry verticals, expand its geographic reach, and create additional end-user verticals.”
ITS’ Chief Executive Officer, Carter Pope, said, “We are very pleased to have Nautic Partners’ financial and strategic support for our growth plans. Nautic shares our vision for the business, and we look forward to realizing ITS’ full potential.”
The acquisition of ITS is Nautic’s fifth platform investment in 2005 and continues a very active year for the firm. In addition to these platform acquisitions, Nautic’s portfolio companies completed eleven add-on acquisitions this year.
About Imaging Technologies Services