Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

BlueCrest

Business Services • Corporate Divestiture • Acquired in July 2018

A leading global provider of inserting, sorting, and printing related equipment primarily for the transactional and direct mail industries



KEY FACTS

  • Acquired from Pitney Bowes in July 2018
  • A global leader in enterprise print, mail, and customer communications solutions to a variety of industries and end-markets, providing a wide range of inserting, sorting, and printing related equipment primarily for the transactional and direct mail industries
  • The company’s equipment provides mission critical services safeguarding the integrity and compliance of customers’ mailings
  • Over 3,500 active clients globally including in-house mailers and outsourced print service bureaus

INITIATIVES

  • Rebranded Pitney Bowes’ Document Messaging Technologies business as BlueCrest in July 2018
  • Completing complex, global carve-out from Pitney Bowes including standing up financial systems, ERP, payroll, and benefits from numerous entities world-wide
  • Pursuing continued expansion of parcel sortation and high-speed printer equipment segments
  • Assessing potential M&A targets that would complement and/or expand current business

 

NEWS

Platinum Equity to Acquire Pitney Bowes’ Global Production Mail Business  »


Pitney Bowes Completes Sale of Document Messaging Technologies Business to Platinum Equity »

 

updated 8/18


The acquisition of Pitney Bowes' Document Messaging Technologies closed on July 2nd with the exception of certain non-U.S. jurisdictions that are each expected to close in the third or fourth quarter, subject to individual country regulatory requirements.
 
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