An investment group led by Direct Response Media Group (DRMG) has acquired the assets and ongoing business interests of Lowe-Martin’s web business. The company, led by CEO Patrick Periard, will operate under the name Dollco Print Solutions Group.
The transaction closed on May 12, 2019.
Dollco and Lowe-Martin, also entered into a preferred supplier agreement, which they say will ensure a continuation of service for customers. The move will create two companies “focused on delivering a strong value proposition through specialization,” they explain.
Through a statement to its customers and vendors, Lowe-Martin CEO Ward Griffin explains the company will focus on sheetfed printing, digital printing, e-commerce, large-format digital printing and packaging, noting that both Periard and Griffin are “confident this transition will have no impact to current and existing deliverables,” programs and print jobs.
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