PRESS RELEASE
Fairfield, NJ, March 2, 2015 – Paravista, Inc., and FLM Graphics Corporation
announced today that they have signed a definitive merger agreement to combine
the operations of the two leading graphic communications service providers. The
merger positions the combined company as the leader in graphic communications
service management, offering a broad portfolio of print, graphics, promotional
products, interactive marketing, mobile and immersive technology solutions to
help customers manage their marketing and media communications programs.
In making the announcement today, Frank M. Misischia, FLM Group
President and Chief Operating Officer, said that the combination of the two
companies represents a new force in cross-media and graphic communications
service management. “The
management team and staff of Paravista have done a fantastic job of building a
solid and successful operation providing superior quality and services to the
print and graphics community,” he
said. “FLM and Paravista
share a strong vision and focus to deliver a richer and more comprehensive
service offering to creative marketing, interactive media, and corporate
communications managers.”
“This merger
is all about people,” said
Jim Connell, Vice President of Client Services for Paravista. “The people we serve, our
customers, as well as the teams of talented, hardworking people who work with
us. The people who have helped make us successful and who will continue to make
it increasingly possible to deliver quality service solutions to our clients.
It is really exciting to put these two dynamic teams together and have them
work as one powerful force.”
Supported by FLM’s
and Paravista’s highly
accomplished team of experts in print, digital imaging, interactive marketing,
and creative technology solutions, their combined customer base will enjoy the
benefits of a broad range of cross-media services, particularly when they take
full advantage of the creative technology and cloud deployment capabilities.
Paravista has an outstanding track-record and reputation for quality commercial
printing, premium promotional products program management, and online marketing
programs. FLM provides innovative solutions for offset and digital print, large
format digital imaging, web-to-print, immersive technology media applications,
and interactive marketing services.
“We are
always looking for ways to help our customers meet their ever evolving consumer
and business-to-business communications needs, especially in this new order of
doing business where everyone is always connected,” said Connell. “This
is another major step in helping us do that for our customers—better and faster. For example,
FLM’s creative technology
programs for enabling clients with the ability to implement customized
web-to-print, interactive marketing, media inventory, and asset management
solutions,” he added, “is a perfect complement to
Paravista’s Managed
Marketing Solutions online ordering and marketing program.”
The merger plan includes consolidating all operations, customer
support, data management and administrative systems from Paravista into FLM’s Fairfield, New Jersey,
facility and corporate headquarters by April 1, 2015.
Misischia also talked about how the consolidation will “create efficiencies that provide
the opportunity to focus our investments on developing more innovative
solutions to enhance our customers’
abilities to effectively communicate and connect with their target
audiences in any environment utilizing any type of media.”
The financial details of the deal have not been disclosed,
however, the terms include a stock ownership agreement between the principals
of the two privately held companies.
Paravista’s
managing partners, Jim Connell, Michael Spallucci, and Mark Spallucci, will
also move their offices from Piscataway to Fairfield, along with their staff,
where they will assume executive management roles. Connell will serve as Vice
President, Client Services; Mark Spallucci, President of the Promotional
Products division; and Michael Spallucci will assume the role of President of
the Commercial Print Services business for the combined FLM-Paravista
organization. Frank M. Misischia, also based in Fairfield, will continue in his
current role, serving as Corporate COO, and Frank L. Misischia as Chief
Executive Officer for the merged operations.
About
FLM Graphics Group
For over 40 years, FLM Graphics Corporation and the FLM Group of
companies has been a leading provider of commercial printing, digital imaging,
reprographics, document management, and integrated graphic communications
services. FLM operates printing, imaging and reprographic production operations—as well as facilities
management, customer support, and sales offices—in
Fairfield and Princeton, NJ, and New York City. FLM offers large format imaging
& printing through its Trucolor™
business unit and provides custom programmed web-portal, e-business
management, interactive marketing, and immersive technology solutions through
its Access Images™ technology
program and support group.
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Paravista, Inc., located in Piscataway, New Jersey, is one of
the most highly respected printing, premium promotional products, and graphic
communications service operations in the U.S.A. Known for high quality,
commercial offset and digital printing, and the ability to plan, manage, and
deliver the most challenging corporate communications projects, they serve a
broad range of industries, including healthcare, pharmaceuticals, advertising,
technology, financial, and entertainment. Paravista’s Promotional Products division offers a full
service program for the development of custom branded promotional products from
concept through distribution. Utilizing REACH compliant products and SGS
audited production facilities,
Paravista ensures all promotional items are manufactured to meet corporate
environmental and humanitarian guidelines. The company also provides Managed
Market Solutions programs featuring fully customized software solutions.
Paravista is owned and managed by Michael Spallucci, Mark Spallucci, and Jim
Connell.
Reprographics 101 