Beacon Equity is pleased to have represented the Stockholder & Board members of ColorLith in marketing and sale of the company.
ColorLith began as a photography studio, selling pictures to local families in the area. In the next few years the company expanded to include commercial photography. Industries involving manufacturing were plentiful at the time and these businesses became a large portion of the customer base. The business promoted itself as a "one stop" provider to advertisers with low cost photography and high volume printing. The company expanded its services to include typesetting and layout work.
As technology in the industry advanced, the company added new equipment and provided new services. The Misomex plate maker automated the plate making process. Folders, cutters, and stitchers were added to the production room. The company offered tremendous versatility to its customers compared to other printers. From the initial photo shoot to the finished product, the customer could stay with one source the whole way and know with confidence how the end result would turn out. The business diversified into new products including baseball cards, stamps, and packaging for consumer products.
ColorLith began pursuing more custom work and developing relationships with ad agencies and started to have a reputation for more complex, higher quality services was also taking hold. The company became more service oriented. Many little “extras” were now included in the job bid price. Employees were given more authority and allowed greater input into management decision-making. They were always trying to add new computerized equipment which would give the company new capabilities for producing high end products.
For more information on this transaction or other similar business sales contact:
Beacon Equity Advisors
Beacon Sold ColorLith a leader in a one-stop print service business. Sold prior to 2010.Beacon is proud to be the Business Broker serving Johnston and surrounding towns of Cranston, North Providence and all of Providence County. If you are thinking of selling your company please call for a commitment free consultation.
Let Beacon sell your company for you.