Welcome to Amvest

 

Amvest is a boutique investment banking firm specializing in mergers, acquisitions, public and private divestitures, management buyouts, acquisition searches, private equity,  financing, including real estate, turnarounds and other corporate finance matters.

 
 

FOR IMMEDIATE RELEASE

 

Contact: 

Charles K. Oppenheimer

Amvest Financial Group, Inc.

816-461-3312

coppenheimer@amvest.com

  

Amvest Financial Group Announces the Sale of Edison Business Forms to Crabar/Will, LLC

KANSAS CITY, MO – December 31, 2002Amvest Financial Group, Inc., a national investment banking firm specializing in the printing industry, has announced completion of the sale of its client, Edison Business Forms, Edison, New Jersey to Crabar/Witt LLC Dayton, Ohio.

 

Edison Business Forms was founded in 1963 by Joseph Kiningham and has grown to become one of the leading manufacturers of business forms, including single sheet, multi-part and other specialty business products in the Northeast. Dan Kiningham succeeded his father as President and will remain with the company.

 

Edison provides medium to long run unit sets and continuous sets, business form design, prepress, printing and collating of multi-part forms. Edison also provides forms management, maintaining on-hand stocking levels based on customer demand and usage for immediate release. Edison has vast experience in design and production of forms based on customer specifications and also forms for use on imprinting equipment.

 

Crabar/Witt L.L.C. acquired Crabar Business Systems, Dayton, Ohio and Witt Printing, El Dorado Springs, Missouri in mid 2002. Crabar and Witt specialize in manufacturing Custom  Cut Sheets, Custom Continuous Forms, Register Forms, 50" Jumbo Rolls, Snap out Rolls, Custom label/form combinations and other business forms products.

 

Crabar/Witt L.L.C. is owned by Centrum Equities a privately held investment group based in Chicago. Crabar/Witt is quickly becoming a significant player in the business forms industry. Centrum is expected to make additional acquisitions in the business forms industry which will expand their offerings to their growing customer base.  Terms of the transaction were not disclosed.

 

Edison is an excellent addition to the growing stable of companies owned by Centrum. Edison provides an east coast manufacturing plant which will compliment Crabar/Witt’s other locations in Bellville, Texas, El Dorado Springs, Mo., and Leipsic, Ohio. It will also provide Crabar/Witt  access to additional manufactured products produced by Edison.

 

Amvest, founded in 1976, is a leading national investment banking firm specializing in mergers, acquisitions, divestitures and related services for clients in the printing industry. Amvest's value is enhanced by the fact that some of their professionals have acquired, operated, and sold their own printing and related companies, providing real world, hands-on experience. 

 

For additional information, contact Charles K. Oppenheimer toll-free at 888-451-9698 or visit our website at www.amvest.com. ###