AllOver Media, Inc. Acquires The Wide Format Shop Printing Company
March 15 2012 - 10:05AM
Business Wire
AllOver Media, Inc., the leading U.S. provider of
non-traditional out-of-home advertising solutions, today announced
the acquisition of The Wide Format Shop, a Minnetonka, Minn.-based
wide-format print center that exclusively produces truckside ads,
ice-box Frozen Billboard ads and other large-sized vinyl
advertising solutions for the company.
Printers at The Wide Format Shop work
overtime creating ads for some of the nation's largest advertisers.
(Photo: The Wide Format Shop)
The acquisition continues AllOver Media’s aggressive growth
curve and allows the company to offer even more innovation to its
customers which include major advertisers, gas station and
convenience store operators nationwide. The Wide Format Shop, a
privately held company, operates nearly a half dozen
state-of-the-art large format printers with the capacity of
producing more than 3.6 million square feet of large-format vinyl
products annually, the equivalent of over 75 football fields.
“We are very excited about this acquisition and what it means
for the company. We will be keeping the entire Wide Format staff
and will be adding additional personnel to accommodate future
growth," said Tony Jacobson, founder and CEO of AllOver Media.
Jacobson also noted the large-format capability provides
operational execution that complements the company's existing
creative department which already includes a smaller format print
shop. "Our customers will receive even more value and customization
options as we more closely align our products with the printing
process."
Paul Scolardi, CFO of AllOver Media said: "Vertical integration
is increasingly prevalent in graphics communication and
advertising. The acquisition of our key printing vendor ensures our
ability to deliver effective, high-quality printing solutions while
further improving our profit margins."
Organic Growth and By AcquisitionAllOver Media, founded
in 2002, continues an aggressive expansion strategy in a growth
market that provides North American advertisers with cost-efficient
ways to reach the on-the-go consumer. During the last two years,
the privately held company has made the following acquisitions:
- FillBoard Media/Performance Media
Works, an Atlanta-based firm that supplies compliance and field
services to over 13,000 gas stations nationwide, in addition to
providing the exclusive rights to the patented FillBoard product, a
durable plastic advertising unit which is mounted on gas pump
nozzles.
- Pacific Media, a Seattle based
competitor in convenience-store advertising, which rounded out its
nationwide coverage with aggressive coverage in West Coast at gas
station and convenience stores.
- Intran Media, the nation’s leader in
truckside advertising, expanded AllOver Media’s product portfolio
and deepened coverage in 250 markets.
AllOver Media, Inc.AllOver Media, Inc. is the premier
provider of non-traditional out-of-home advertising solutions with
the capability to deliver market saturation across every DMA
(Designated Market Area) in the United States. From trucks, gas
stations and convenience stores to bars, nightclubs, and
restaurants, the company's out-of-home advertising solutions reach
millions of consumers daily where they live, work and play.
According to figures by the Outdoor Advertising Association of
America, out-of-home advertisers spent nearly $6.4 billion in
2011.
For more information, visit www.allovermedia.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50204597&lang=en