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Strategically Attractive Sector
In 2003 Sverica identified the online printing industry as an attractive sector, with printing services shifting from traditional players to online providers. PsPrint was identified as a company poised for growth, but seeking a strategic partner to help grow the business.
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Track Record of Growth and Customer Satisfaction
PsPrint grew aggressively during the time of Sverica’s investment, through improved marketing and customer service, dramatic efficiency gains and key expansions to its management team. The team focused on building a robust, scalable, and highly automated manufacturing platform to support its growth goals and providing improved product quality with a consistent, reliable customer experience.
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Focused on Quality, User Experience, and Efficiency
PsPrint’s mission was “Better Printing. Better Service. Guaranteed!” Unlike many online printing companies, PsPrint consistently delivered high quality printing, excellent customer service and reliable delivery. Their industry-leading website and proprietary workflow allowed customers to easily create, customize and track their print orders online, for an improved user experience.
The Company’s success was enabled by a talented management team and a highly efficient technical infrastructure that produced a wide variety of product types and job sizes at an industry leading cost position.
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Active Partnership with Management
Sverica was instrumental in taking advantage of the potential for growth within the online printing sector. Sverica Partner Frank Young served as CEO of PsPrint from 2003 to 2007 before joining the Sverica team. Over time, Sverica provided significant strategic planning and operational support and facilitated capital investment for improved IT, more advanced production equipment, and the build out of a second manufacturing facility on the East Coast. In 2011, PsPrint was sold to a strategic acquirer, generating very attractive returns for Sverica’s investors.
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