SPAC Enterprise Acquisition Corp. Announces $742 million Acquisition of Workflow Management Inc
According to an article in TheDeal: "Enterprise Acquisition Corp., a special purchase acquisition company, announced Monday, Aug. 25, that it had agreed to acquire a majority stake in Perseus LLC portfolio company Workflow Management Inc. for $742 million, including debt."Workflow Management is a provider of end-to-end business management outsourcing solutions to commercial customers throughout North America, enables clients to manage printing and promotional product procurement and logistics functions through its network of sales offices, print-on-demand facilities, and distribution centers.
Workflow also has entered into a letter of intent and a purchase agreement to acquire two additional businesses in the marketing services and promotional production solutions industry, which may be completed prior to the closing of the merger with Enterprise. Workflow generated approximately $1.2 billion in revenue in 2007, on a pro forma basis to reflect the two pending acquisitions.
Click here for the Edgar press release
Click here for TheDeal article
Labels: Acquisitions, News


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