Standard Offset Printing Acquires Acorn Press

Source: Press release issued by the company, unless otherwise noted.

Lancaster, PA, February 28 2008: Acorn Press Inc., a Lancaster, PA based printing firm has been sold to Standard Offset Printing of Reading, PA. Acorn's plant will continue to operate under the Acorn Press name at the current location.

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Both firms have similar operating styles and a strong commitment to customer service, which should make for a smooth transition. Acorn Press founder Donald K. Roseman will retire after 52 years in the business, while Acorn President Scott Reighard will stay on at the Lancaster plant in his current role.

"The teaming of Standard Offset and Acorn Press will allow us to continue to serve our combined customers with the same dedication to quality and responsiveness that both organizations have always strived for," Standard Offset President Scott Vaughn said in a release. "We look forward to continuing Acorn's long history as a community leader in employment and civic duty."

Acorn Press was founded by Roseman and his father, Donald Roseman Sr., who started the business in the basement of the family's Manheim Township home in 1956 and expanded it to other buildings on the property during the next 15 years. In the early 1970s, the company built a 13,000-square-foot printing plant at 500 E. Oregon Road, where the firm remains today. Over the last 30 years, Acorn Press has expanded its facilities five times to reach its present size of 63,000 square feet.

Standard Offset was founded in 1895 and was acquired by Charlotte Cooper in 1983. The firm expanded to a two-division company in 1996 with the purchase of Calloway Network, a mailing and fulfillment firm in East Hempfield Township.

Peter Schaefer, President of Compass Capital Partners, was pleased to represent the sellers in this transaction. Recognized as the preeminent investment banker to the printing industry, this transaction marked Compass Capital's 142nd M&A transaction in the printing industry.