Presstek, Inc.
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Presstek, Inc. - overview
Established
1987
Location
Chesterfield, MO, US
Primary Industry
Hardware
About
Presstek, Inc. provides innovative printing solutions, focusing on LED-UV presses and high-quality printing plates that enhance efficiency for commercial printers. Their products minimize waste and streamline printing operations while ensuring high-quality outputs. Presstek, Inc.
specializes in advanced printing solutions for the commercial printing market. Founded in 1987 and headquartered in Chesterfield, US, the company has undergone strategic pivots while maintaining a focus on innovative printing technologies. Yuval Dubois is the current CEO. In March 2019, Presstek was acquired by Mark Andy, Inc.
, a subsidiary of Graycliff Partners, from AIP-MAI Holdings, LLC. The most recent funding round occurred on March 26, 2018, where the company raised USD 31. 30 mn in an Add-on round led by AIP-MAI Holdings, LLC. Presstek offers advanced printing solutions, primarily focusing on LED-UV presses and high-quality printing plates aimed at commercial printers.
Their core products include a range of printing plates that facilitate efficient and sustainable printing processes, coupled with parts and services for various pressroom equipment. The LED-UV presses are designed to reduce operating costs and improve profitability, catering to both new installations and conversions of existing Digital Imaging (DI) presses. Presstek serves a diverse clientele across North America, Europe, and Asia, addressing the industry's need for increased efficiency and productivity. In the most recent year, 2018, Presstek reported revenue of USD 55.
00 mn, generated primarily through direct sales of its printing equipment and consumables. The company operates under a B2B model, where commercial printing firms purchase their products to enhance production capabilities, often benefiting from bundled offerings that reduce costs. Looking ahead, Presstek is strategizing to introduce new products designed to enhance their printing solutions, with specific release dates not disclosed. The company aims to expand its market presence in North America, Europe, and Asia by targeting emerging trends in the printing industry and aligning its offerings accordingly.
The recent funding from the March 2018 round will likely support these initiatives, enhancing product development and market outreach.
Current Investors
Mark Andy, Inc., Graycliff Partners
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals
Website
www.presstek.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Presstek, Inc. - financials
| Fiscal Year Ended | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Mar 26, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 56,700,000 | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - |
| NET Income (USD) | (2,000,000) | - | - | - | - | - | - |
| % Net Margin | (3.5%) | - | - | - | - | - | - |
Presstek, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Presstek, Inc. | - | ||||||||
| Add-on | Completed | Verico Technology | - | ||||||||
| Add-on | Completed | Presstek, Inc. | - |
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