Mark Andy, Inc.

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Mark Andy, Inc. - overview

Established

1946

Location

St. Louis, MO, US

Primary Industry

Hardware

About

Mark Andy, Inc. is a US-based manufacturer specializing in innovative printing and converting solutions for the packaging and label industries. Founded in 1946 and headquartered in St. Louis, US, Mark Andy, Inc.


manufactures advanced printing technologies. It was acquired by Center Rock Capital Partners in June 2023 from Graycliff Partners. The company has completed a total of 4 deals to date, with its latest funding round being a Secondary Buyout that raised USD 70. 60 mn, which coincided with the total amount raised.


The CEOs are Duane Pekar and Jason Desai. Mark Andy is a leading manufacturer specializing in innovative printing and converting solutions. The company's core product offerings include flexographic, digital, and hybrid printing technologies, designed to meet the diverse needs of the packaging and label industries. Their products serve a range of end-use cases, including packaging for consumer goods, food and beverage, and healthcare products, facilitating efficient production processes and high-quality output.


Mark Andy's technologies are utilized by a broad customer base, including label printers, packaging converters, and brand owners globally. Their products are sold primarily in North America, Europe, and parts of Asia, positioning them as a competitive player in the global printing market. Mark Andy generates revenue through a combination of equipment sales, service agreements, and parts supply. The business model emphasizes B2B transactions, where the company engages directly with label and packaging manufacturers.


Clients typically purchase printing presses and associated technology, often under structured agreements that include ongoing maintenance and support services. The firm also provides training and consultation to ensure optimal use of their products, enhancing customer satisfaction and loyalty. Revenue streams from flagship products, such as their advanced flexographic presses and digital print solutions, are supplemented by aftermarket services and parts sales, further solidifying their market presence. The acquisition completed in June 2023 will enhance Mark Andy's service and product offerings.


The company is focused on expanding its portfolio with upcoming innovative products designed to meet market demands, although specific launch dates have yet to be disclosed. Additionally, Mark Andy is targeting expansion into new geographic regions, with plans to enter emerging markets by the end of 2024. Recent funding will be utilized to support these initiatives, further driving the company's growth strategy.


Current Investors

Graycliff Partners

Primary Industry

Hardware

Sub Industries

Commercial Printing, Industrial Machinery, Computer & Related Peripherals

Website

www.markandy.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Mark Andy, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedMark Andy, Inc.-
Add-on, Trade SaleCompletedPresstek, Inc.-
Add-onCompletedVerico Technology-
Trade SaleCompletedAIP-MAI Holdings, LLC-
Secondary BuyoutCompletedMark Andy, Inc.-

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