Colfax, California, USA - DMM Direct LLC has purchased Direct Mail of Maine, Inc. (Scarborough, ME). The M&A buyer is led by print & mail industry veteran Kevin Mullaney of PDF Print Communications, Inc. and backed by highly experienced sales and financial executives.
Mr. Mullaney, CEO/President of PDF Print Communications, shared his enthusiasm about the acquisition. “I am very excited to have the former customers and employees of Direct Mail of Maine as part of the PDF Print Communications family. I think it’s a great fit for us and our diverse client base. It would never have been possible without expert guidance and direction from John Hyde and Mark Hahn of Graphic Arts Advisors.”
Due to the challenges that Direct Mail of Maine was experiencing, the strategic acquisition by DMM Direct LLC was structured as a secured party sale under Maine law. “Speed is a key differentiating factor in M&A transactions when the seller is facing financial challenges,” noted John Hyde, Esq., GAA Managing Director - Special Situations, who developed the overall transaction blueprint and led the negotiations as M&A Advisor to DMM Direct LLC. “The company’s senior lender had pushed the legacy entity, Direct Mail of Maine, to the brink. We worked start-to-finish in just three weeks to put a deal together with the bank. The result was that the business was salvaged and now continues to serve its many long-term customers.”
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