Date
Apr 2011
Region
Tennessee
Generational Equity, a leading advisor to privately held and family-owned businesses for mergers and acquisitions is pleased to announce the sale of its client, Pinnacle Business Products, LLC, a full service print distributor headquartered in Nashville, TN to Foxfire Printing and Packaging, Inc. Pinnacle Business Products, LLC will retain its name and will operate as a wholly owned subsidiary of Foxfire Printing and Packaging, Inc. The deal was closed on April 15, 2011, and was led by managing directors, Don Sawyer, Sam Sumner and assistant vice president, Julie Sandoval.
The value of the transaction was not disclosed. "Pinnacle is a great complement to Foxfire Printing - the combination equips Foxfire to more effectively serve the customers of both companies," commented Generational Equity managing director, Sam Sumner who spearheaded the deal. "This is a great opportunity for both companies," said Generational Equity President Ryan Binkley. "Their combined services and expertise will make them more competitive in the industry. It is a great example of how our professionals look for synergies between our clients and potential buyers." Pinnacle was founded in May 2001, as a print and fulfillment solutions provider. The company has an expanded selection of print product lines and document management services. With a full service, one-source solution, Pinnacle has become a leader throughout the Southeast.
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