CEO of 22-year-old distributor says new investors will help expand reach and product offering.
What two PSPs learned during their “biggest, riskiest, and most impactful business decision.”
The print components maker will be added to the firm's Appvion platform.
The 114-year-old company also scooped up a consulting business during that time.
Deal pairs Tilia's algorithms with Esko's software suite.
The branding transition will be completed as of Sept. 1.
The combined outfit will have 175 full-time employees and $65M in annual sales.
Backed by deep pockets, the company says it plans to continue its aggressive growth strategy.
Deal expands its coatings business across various industries.
The combined company will net $62.4 million for product development.