M&A Deal Summary

Tension Acquires Intellus - Print Division Assets

On March 16, 2022, Tension acquired business services company Intellus - Print Division Assets from Intellus

Acquisition Highlights
  • This is Tension’s 1st transaction in the Business Services sector.
  • This is Tension’s 3rd transaction in the United States.
  • This is Tension’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2022-03-16
Target Intellus - Print Division Assets
Sector Business Services
Buyer(s) Tension
Sellers(s) Intellus
Deal Type Divestiture

Target

Intellus - Print Division Assets

King of Prussia, Pennsylvania, United States
Intellus' Print Division Assets provides both conventional and digital printing services. Intellus' Print Division Assets are based in King of Prussia, Pennsylvania.

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Buyer(S) 1

Buyer

Tension

Kansas City, Missouri, United States

Category Company
Founded 1886
Sector Manufacturing
DESCRIPTION

Tension Corp. is a manufacturer of custom envelope solutions, selling directly to businesses and organizations nationwide. Tension makes many of the envelopes that handle day-to-day, including direct mail envelopes, financial transaction envelopes, and business communication products. Products range from standard commercial styles to unique specialties, some created for one-of-a-kind mailing or packaging purposes.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Motion Envelope

Dallas, Texas, United States

Motion Envelope, Inc. is a family-owned envelope manufacturing business in Dallas. The company specializes in high-end direct mail, and its product offerings include specialized finishes, hot and cold foil, and embossing, as well as other unique print techniques that have proven to get results.

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Seller(S) 1

SELLER

Intellus

Montgomeryville, Pennsylvania, United States

Category Company
Sector Business Services
DESCRIPTION

Intellus specializes in direct mail print production, including UV lithography, as well as specialty coating and paper treatments. Intellus is based in Montgomeryville, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1