On December 31, 2010, CGX completed the acquisition of The Jackson Group. Please see the press release below:
Consolidated Graphics Acquires The Jackson Group
HOUSTON, Jan. 3, 2011 /PRNewswire via COMTEX/ -- Consolidated Graphics, Inc. (NYSE: CGX)announced today that it has acquired The Jackson Group, including Jackson Press, Inc. and Total Response, Inc. (together, "The Jackson Group"), headquartered in Indianapolis, Indiana. Terms of the transaction were not disclosed.
The Jackson Group was founded in 1961 by Ron Jackson initially as an art studio, but evolved into one of Indianapolis' leading full service printing, mailing, fulfillment and technology companies. The Jackson Group offers sheetfed and digital printing, extremely sophisticated fulfillment and mailing solutions as well as state of the art data analytics and online technology solutions for their customers.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, "Ron Jackson and his wife Kathy have established an impressive track record in serving their customers over the last 50 years. With the resources of Consolidated Graphics behind The Jackson Group, including the world's largest and most sophisticated digital printing network as well as our best in class technology, I expect a great future for this company."
Jim Cohen, Executive Vice President of Mergers & Acquisitions at Consolidated Graphics, added, "This was an attractive acquisition opportunity for us because Ron and Kathy had the vision to develop the business into a full service technology and marketing solutions provider, essentially a smaller version of what Consolidated Graphics offers its own customers. Increasing our existing presence in the vibrant Indianapolis market was an additional benefit."
Also commenting on the announcement, Mr. Jackson said, "When I was first approached by Consolidated Graphics, what appealed to me most were the resources they could bring to bear in our market as well as their commitment to technology and state of the art solutions for their customers." Mrs. Jackson added, "Preserving the legacy that Ron created was important to us, and I'm looking forward to seeing The Jackson Group grow and prosper."
Consolidated Graphics also announced that it has promoted Patsy Koepke to President of The Jackson Group. Patsy, a native of Indianapolis, began her career in commercial printing with The Graphic Arts Center in Indianapolis in 1999. In 2004, she moved to Atlanta to join Consolidated Graphics as a Vice President of National Sales. In 2006, Patsy joined Graphcom, a Consolidated Graphics company located in Atlanta, as the Vice President of Business Development where she has been recognized as one of the leading salespeople in Consolidated Graphics. Mr. Davis commented, "Patsy has already achieved an impressive track record of success within Consolidated Graphics, and I expect great things from her at The Jackson Group."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, and a presence in Asia, CGX offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.