BPGraphics (Phoenix) and Vincent Printing (Chattanooga, TN) have announced that they will join forces to create a new company named Convergent Print Group. “The combined entity will continue to drive innovation and growth in the industry, bringing together the unique strengths and talents of each organization to serve the needs of their customers, employees and vendors,” according to a press release from both companies. The financial details of the merger were finalized on March 23 with an anticipated closing date by May 1. Terms of the agreement were not disclosed.
Vincent Printing and BPGraphics have a combined 140-plus years of delivering creative solutions to brands across the country and world. Convergent Print Group will carry on and grow this legacy by combining the industry best technologies and enterprise tools of both companies to service the segments of Out-Of-Home Advertising, Retail & Point of Purchase, Event & Venue and Sports Marketing, Fleet Graphics and Hospitality & Environmental Branding — per the release. Convergent Print Group plans to retain all employees and will continue to operate its facilities in Chattanooga and Phoenix, with a new senior management team that has been created to lead the combined company going forward. Effective immediately, Curt Carpenter will become the CEO; Beau Wells will be the president; Ian Scott will be the COO and Gary Brooks will be the CFO.
“This merger marks an important milestone in the evolution of both companies,” Curt Carpenter, new CEO of Convergent Print Group, is quoted in the press release. “Our two companies were friendly competitors for decades. As the industry and technology changed, we began to work together more closely, leveraging the strengths we both brought to the relationship. Be it through geography, capacity or capabilities that one or the other of us had, we have been able to support each other to meet our customers’ needs.”
For more information, visit convergentprint.com.