PIC Graphic Products, Ltd
PIC Graphic Products was a leading blanket converter, manufacturer and distributor of graphic arts supplies that sold exclusively to the dealer community. The company had been owned by the Zucker family for two generations and was facing a crisis due to the economic recession. Rockland was initially hired to assist the company in determining the optimal path forward whether through a restructuring of its balance sheet or a strategic sale. After review and consultation it was decided the best course of action for the Zucker family and employees at PIC Graphics was a sale to a strategic buyer. After a controlled offering process the company was sold to Fujikura Graphics, Inc.
“Our primary concern throughout this process was that the welfare of our employees and the sale of our company be consistent with our values and reputation for the 30 years we were operating. Matthew understood our concerns regarding the economic and emotional facets of this transaction.”
Phillip Zucker – Owner and General Manager