Victor Graphics, Inc.
Full service book manufacturer and printer, located in Baltimore.
Sales had shrunk considerably as the overall printing market contracted. With significant overhead and no path to increase sales, ownership needed to explore options to either sell the business or take on a partner.
Equity Partners quickly generated 3 going concern offers each presenting different options for ownership. After several rounds of negotiations, an offer was selected that allowed for a scaled down operation to continue in place and avoid interruption for clients.
A transaction was completed with a friendly competitor, the secured creditor was paid in full and equity holders received substantial return from the sale of the real estate. The business continued operations under the umbrella of the buyer, with previous ownership still involved.