Financial terms of the transaction were not disclosed.
This is the first strategic add-on acquisition for the Clifton-headquartered firm since Snow Peak Capital acquired it in April 2022.
Headquartered in Orlando, Florida, and founded in 1977, ACG is a premier provider of comprehensive printing, mailing and print management solutions to customers in the entertainment, hospitality and advertising markets.
“It was important for ACG to find a partner that can help the company grow while preserving the legacy of our family business, and we certainly found that in Sandy Alexander,” Art Abbott, president of ACG, stated. “Sandy Alexander has built a brand that is known for technical innovation, quality and customer satisfaction, and we are thrilled to be a part of it.”
Mike Graff, CEO of Sandy Alexander, said: “We are excited to join forces with ACG. This is a unique opportunity to add a highly complementary operation to our existing Orlando and Tampa Bay locations. We look forward to providing ACG’s current and prospective customers with an even larger array of product offerings through our traditional and technology-enabled printing and service capabilities.”
Stradling Yocca Carlson & Rauth acted as legal adviser to Snow Peak Capital. New Direction Partners and WhiteBird PLLC served as financial and legal advisers, respectively, to Abbott Communications Group. Debt financing for the transaction was provided by PNC Bank and M&T Bank.