M&A Deal Summary

Cimpress Acquires National Pen

On December 12, 2016, Cimpress acquired consumer products company National Pen from Lincolnshire Management for 218M USD

Acquisition Highlights
  • This is Cimpress’ 1st transaction in the Consumer Products sector.
  • This is Cimpress’ 2nd largest (disclosed) transaction.
  • This is Cimpress’ 3rd transaction in the United States.
  • This is Cimpress’ 1st transaction in California.

M&A Deal Summary

Date 2016-12-12
Target National Pen
Sector Consumer Products
Buyer(s) Cimpress
Sellers(s) Lincolnshire Management
Deal Type Add-on Acquisition
Deal Value 218M USD

Target

National Pen

San Diego, California, United States
website
National Pen Co. LLC is a manufacturer and marketer of custom writing instruments for small and medium businesses.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cimpress

Dundalk, Ireland

website


Category Company
Founded 1994
Sector Business Services
Employees13,000
Revenue 2.9B USD (2022)
DESCRIPTION

Cimpress is a provider of printer and graphic design agency serving the small business and consumer markets. Cimpress’ portfolio of brands that include Vistaprint, Albelli, Drukwerkdeal, Pixartprinting and others serve many customer segments across many applications for mass customization. Cimpres was founded in 1994 and is based in Dundalk, Ireland.


DEAL STATS #
Overall 9 of 12
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 8 of 11
State (California) 1 of 2
Country (United States) 3 of 5
Year (2016) 1 of 1
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-21 WIRmachenDRUCK

71522, Germany

WIRmachenDRUCK GmbH is a web-to-print company that serves small and medium businesses, graphic arts professionals and local printers via an e-commerce “upload and print” model.

Buy €140M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-26 albelli-Photobox Group

Amsterdam, Netherlands

albelli-Photobox Group produces and supplies photo books and other related photo print products including wall décor, cards, calendars and prints. The company has strong market positions across the Benelux, Scandinavia as well as other European countries where it has highly recognized local brands (including albelli, bonusprint, monalbumphoto, fotoknudsen and önskefoto) and supplies high-quality photo products to millions of customers across Europe. The company operates a vertically integrated business model, combining e-commerce with in-house printing as well as proprietary developed photo creation software.

Sell -

Seller(S) 1

SELLER
DESCRIPTION

Lincolnshire Management, Inc. (LMI) is a private equity firm focused on acquiring small and mid-sized companies in partnership with management. LMI typically targets companies with the majority of business conducted within the US. Prospective companies also have cash-flows of $5 to $50 million and significant opportunities for growth, either internally or through acquisitions. Target transaction situations include corporate divestitures, selling shareholders, and owners desiring liquidity. Lincolnshire Management was formed in 1986 and has offices in New York City and Los Angeles.


DEAL STATS #
Overall 15 of 23
Sector (Consumer Products) 4 of 4
Type (Add-on Acquisition) 9 of 9
State (California) 2 of 3
Country (United States) 15 of 22
Year (2016) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-20 Phoenix Brands

Stamford, Connecticut, United States

Phoenix Brands LLC manufactures and distributes home care products including Niagara spray starch, Rit fabric dye, and Final Touch fabric conditioner, and a number of heavy-duty laundry detergent brands, including Fab, Dynamo, Ajax, Fresh Start, Arctic Power, ABC and Cold Power.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-28 PADI

Rancho Santa Margarita, California, United States

PADI (Professional Association of Diving Instructors) is a scuba diving certification, training and publishing company, serving diving instructors, retailers and individual scuba divers. PADI was founded in 1966 and is based in Rancho Santa Margarita, California.

Sell -