GCA Advises Solopress on Its Sale to Onlineprinters
Solopress offers a wide range of business-related printed products, including business cards, leaflets, brochures, posters and banners. With the maxim “Print Delivered Tomorrow,” the company ships over 85% of its print jobs within 24 hours of being ordered. Solopress was founded in 2004 and has grown significantly in recent years, hitting its one millionth order milestone and producing over 300,000 online orders in 2016.
Onlineprinters is one of Europe’s top online print providers, selling its products to 600,000 customers in 30 European countries through its 16 web shops. Last year, Bregal Unternehmerkapital became the new majority shareholder of Onlineprinters, partnering with Project A and founder Walter Meyer to lead the company to its next phase of growth. Aron Priest and Andy Smith will continue to lead Solopress as Managing Directors and become shareholders of Onlineprinters Group.
Onlineprinters CEO Dr. Michael Fries commented about the deal: “We are glad Solopress will become part of the Onlineprinters Group. The experience of founders Aron Priest and Andy Smith will be instrumental in developing our UK business and helping to further develop Onlineprinters as a European leader in online printing.”
This deal adds to GCA’s extensive track record as a leading financial advisor in the business and tech-enabled services sector, with the firm advising on seven transactions in the sector since the start of 2017.
GCA is a premier global investment bank serving a broad client base through a range of advisory services including mergers and acquisitions, debt and equity capital markets, private funds, restructuring, and asset management. GCA is a global advisor providing insightful advice and is focused on building long-term relationships based on trust. GCA delivers deep expertise in many key industries and has a particular focus in Technology, Software, Media, Digital Media, Communications, Industrials and Industrial Technology, Healthcare, Financial Institutions, FinTech and Business Services. GCA has teams of highly experienced bankers in San Francisco, New York, Tokyo, Frankfurt, London, Manchester, Milan, Mumbai, Munich, New Delhi, Osaka, Shanghai, Singapore, Tel Aviv and Zurich. For more information, visit gcaglobal.com.