Friday 13 July 2012

13 July 2012 - US print supply chain management specialist DataSource Inc said on Friday it had been taken over by private equity firm Inverness Graham Investment for an undisclosed sum.

Under the agreement, DataSource will keep its name and will continue to pursue growth for its commercial, automotive retail and restaurant/hospitality divisions via strategic acquisitions.

The company will promote David Holland, who joined it in 2007, to the post of president and chief executive officer. Tom and Sherie Bartlett, who started DataSource in 1989, will remain with the company. Sherie Bartlett will keep her shareholding and will assume a consulting role during the transition. Tom Bartlett will keep his current role.

Inverness Graham is concentrated on buying manufacturing and service companies. It is focused exclusively on lower middle market transactions and is part of the Graham Group, an alliance of independently-owned and operated industrial and investment management businesses.

Kansas City, Missouri-based DataSource offers document design and distribution services solutions for commercial franchises, auto dealerships, retail insurance, branded products, industrial products and restaurant concepts. The company's offering includes design, sourcing, warehousing, fulfillment, distribution, print-on-demand and print management of marketing materials business forms and supplies. Products include business forms, marketing supplies, personnel management packets, training materials, menus, point-of-purchase displays and ad speciality items.