~ NEWS ~
June 29, 2009
New York, New York (June 30, 2009) – Tailwind Capital has announced the acquisition by Archway Marketing Services, Inc. of the Supply Chain Management (SCM) division of Resolve Corp (TSX:RBO.UN). Archway is a leading provider of outsourced marketing operations management services. Archway was purchased by Tailwind Capital, Black Canyon, and Archway Management in November of 2008. Terms of the SCM transaction were not disclosed.
“Archway’s vision is to be the clear leader in marketing operations management,” said Clay Perfall, Chief Executive Officer of Archway. “Our growth strategy includes expanding service offerings, deepening client relationships, and acquiring companies that will provide a strategic advantage to our business. The acquisition of SCM will expand our services, geographical footprint, and client base.”
As a result of the acquisition, Archway will nearly double in size, increasing revenues to over $150 million, employees to 1,500, and distribution facilities to 3.5 million square feet. The combined Company will have 21 locations including two managed facilities and multiple onsite account management locations. The acquisition of SCM will also add over 220 new clients to Archway’s strong customer base throughout the U.S. and Canada.
Jim Hoch, a Managing Partner of Tailwind Capital and a member of Archway’s Board of Directors said, “We are excited to support Archway’s acquisition of SCM. Both Archway and SCM have built strong reputations for service, quality, and the delivery of exceptional value to customers. We look forward to working with Archway’s outstanding management team to continue to build the Company.”
About Archway:
Archway is a leading supplier of marketing operations management. It provides fulfillment services, print management, business intelligence and decision support tools to leading brands and Fortune 1000 clients. Archway offers fulfillment services and marketing operations solutions designed around the way clients go to market; whether through a distributed sales force, channel partners, retailers, franchises, branches, dealerships or e-commerce sites. These solutions reduce marketing operations costs, improve marketing execution processes, leverage emerging technologies and most importantly help improve the brand experience for client’s employees and customers at every touch point of their marketing campaigns.
About Tailwind:
Tailwind Capital is a private equity firm investing in growing middle-market companies in the healthcare, media/communications, and business services sectors. Tailwind was founded by Managing Partners with over 80 years of private equity experience, bringing a unique combination of deep private equity transaction and management expertise to building middle-market business. The firm is currently investing its $775 million fund. For more information, visit www.tailwindcapital.com.
Tailwind Capital Expands Archway Marketing Services with Acquisition of Supply Chain Management Division
As a result of the acquisition, Archway will nearly double in size.New York, New York (June 30, 2009) – Tailwind Capital has announced the acquisition by Archway Marketing Services, Inc. of the Supply Chain Management (SCM) division of Resolve Corp (TSX:RBO.UN). Archway is a leading provider of outsourced marketing operations management services. Archway was purchased by Tailwind Capital, Black Canyon, and Archway Management in November of 2008. Terms of the SCM transaction were not disclosed.
“Archway’s vision is to be the clear leader in marketing operations management,” said Clay Perfall, Chief Executive Officer of Archway. “Our growth strategy includes expanding service offerings, deepening client relationships, and acquiring companies that will provide a strategic advantage to our business. The acquisition of SCM will expand our services, geographical footprint, and client base.”
As a result of the acquisition, Archway will nearly double in size, increasing revenues to over $150 million, employees to 1,500, and distribution facilities to 3.5 million square feet. The combined Company will have 21 locations including two managed facilities and multiple onsite account management locations. The acquisition of SCM will also add over 220 new clients to Archway’s strong customer base throughout the U.S. and Canada.
Jim Hoch, a Managing Partner of Tailwind Capital and a member of Archway’s Board of Directors said, “We are excited to support Archway’s acquisition of SCM. Both Archway and SCM have built strong reputations for service, quality, and the delivery of exceptional value to customers. We look forward to working with Archway’s outstanding management team to continue to build the Company.”
About Archway:
Archway is a leading supplier of marketing operations management. It provides fulfillment services, print management, business intelligence and decision support tools to leading brands and Fortune 1000 clients. Archway offers fulfillment services and marketing operations solutions designed around the way clients go to market; whether through a distributed sales force, channel partners, retailers, franchises, branches, dealerships or e-commerce sites. These solutions reduce marketing operations costs, improve marketing execution processes, leverage emerging technologies and most importantly help improve the brand experience for client’s employees and customers at every touch point of their marketing campaigns.
About Tailwind:
Tailwind Capital is a private equity firm investing in growing middle-market companies in the healthcare, media/communications, and business services sectors. Tailwind was founded by Managing Partners with over 80 years of private equity experience, bringing a unique combination of deep private equity transaction and management expertise to building middle-market business. The firm is currently investing its $775 million fund. For more information, visit www.tailwindcapital.com.