direct mail lettershop and fulfillment company

A $15,000,000 direct mail lettershop and fulfillment company.

The Company was one of the largest letter shops in the Midwest, with web and sheetfed printing capabilities and a fulfillment operation.

The Company had incurred operating losses for the last two years and Fort Dearborn Partners was engaged to improve profitability.

The Company returned to profitability by reducing its operating expenses, charging for all services and increasing prices in the lettershop, based upon job costing.

After the Company turnaround, the owners engaged FDP to represent the Company for sale.

FDP prepared a confidential information memorandum, reached out to prospective buyers, and held management meetings with multiple interested parties.

FDP assisted in the due diligence process and advised on the purchase agreement resulting in a successful sale.

FDP initially performed a turnaround of the Company after it sustained operating losses for a prolonged period.

Fort Dearborn Partners served as financial advisor on the eventual sale of the lettershop and fulfillment operation.

We advised management on the valuation and negotiated the deal structure.   We prepared the prospectus, advised on the due diligence process and reviewed all documents.