McClung Companies has acquired full-service mailing company Commonwealth Mailing Systems of Richmond, Va., and integrated it into its graphic communication organization of printing, marketing and digital services.
 
By joining forces, one of Richmond’s highly-regarded mailing companies has become part of an organization well-known for its leadership in technology, quality product and exceptional customer service. Through the acquisition of Commonwealth, McClung achieved its goals of significantly expanding its mailing services, gaining a staff with expertise in mailing operations, and expanding the company’s client base.
 
“We had provided some mailing services out of our printing facility, but only a small percentage of what Commonwealth offers. Diversifying our mailing services more fully enables us to provide a deeper level of service to our client base,” said Adam Monk, President of McClung Companies. “The acquisition also helped us strengthen our position in the Richmond market. We had some clients there, but they were on the fringe of our core service area. Now we’re in a prime position to grow our business with them.”
 
Michael Muldowney, previous owner of Commonwealth, was pleased to find a buyer who would provide continued employment for his staff of 25 and uninterrupted service to his client base. He also knew that Commonwealth had grown to the point that it needed a larger organization with more business infrastructure to support it. He added, “McClung is a successful company with a sales force, management team, human resources, and other infrastructure that would help bring Commonwealth to the next level. Our company also needed capital investment and McClung was able to provide that.”
 
Assisting with the transaction were Mitch Evans and Mark Hahn of Graphic Arts Advisors in Mountain Lakes, NJ.
WP Feedback

Dive straight into the feedback!
Login below and you can start commenting using your own user instantly