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 EndedJun 30, 2012Jun 30, 2013Jun 30, 2014Jun 30, 2015Jun 30, 2016Jun 30, 2017Mar 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 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)
Add-on, Trade SaleCompletedPresstek, Inc.-
Add-onCompletedVerico Technology-
Add-onCompletedPresstek, Inc.-

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