PMG Print Management Limited has acquired John Petty Services Limited, known as JPS Limited, a print management company working with fashion, homes and lifestyle businesses across the UK.
PMG Print Managing Director Mike Roberts said: “With a heritage of over 150 years, JPS Limited is a business renowned within the UK print industry for demonstrating its integrity, reliability, and quality of service.
“After initially approaching JPS six years ago I’m delighted that the Petty family sought to place their trust in PMG Print Management and myself to build on this rich history. I am excited about working closely with Bridget Petty, who will remain as Managing Director, in growing our brands together.”
JPS Print Management Managing Director Bridget Petty said: “We have known PMG Print Management within the industry for several years and like JPS Limited they are renowned for the quality of their work.
“When considering our succession opportunities, finding a partner who had similar values to our own was of the utmost importance and we trust Mike Roberts, together with our talented team, to take this business from strength to strength.”
PMG Print Management were advised by Fleetcroft-Gribben Limited on the acquisition and supported on legal and financial advisory services by Capital Law, DSW Transaction Services, Independent VAT Consultants, Temple Bright and CDFS. Funding was provided by Close Brothers Invoice Finance.
John Petty Services Limited were advised by Dexterity Partners Limited on the sale and supported on legal services by 3volution.
