St. Louis, MO, March, 2013
Capital For Business, Inc.® (CFB) announced today that it recently completed an investment in Minneapolis, Minnesota-based Vanguard Graphics International (VGI).
VGI is a comprehensive provider of prepress solutions to the specialty, short-run printing segment of the graphics communications industry. VGI provides its customers with computer-to-plate equipment, consumables, and software under two well-recognized and highly respected brand names, Printware and Xitron, which have 35 years of history. VGI has also recently introduced a new printer called the iJetPress which is powered by the industry’s latest inkjet technology to print direct mail documents using Xitron’s software technology.
CFB partnered with Kansas City-based Kansas Venture Capital, New Orleans-based Jefferson Capital Partners and key members of management of VGI to consummate the transaction. Senior financing for the deal was provided by the Kansas City office of St. Louis based Enterprise Bank & Trust. Sell side Investment Banking services were provided to the Company by Milwaukee based Cleary Gull, Inc.