December 2008

//December 2008

December 2008

PRESS RELEASE

FOR IMMEDIATE RELEASE

 

John Leonard
Cover-All
416.354.4210
jleonard@cover-all.ca

COVER-ALL ACQUISITION
CONTINUES WITH POSTLINX

Markham, Ontario – December 2008 – Cover-All Computer Services Corp. has finalized the purchase of Postlinx Corporation. The purchase marks the fourth acquisition by Cover-All of a document services organization in the GTA in just the last five years.

This is in addition to the purchase of SMART DM in 2007, Intelli-mail in 2005 and Vestcom Ontario in 2003. The addition of Postlinx to the Cover-All group of Companies creates increased potential to existing clients and added value to any organization in the mail communication space.

The physical numbers after the acquisition, more than 325 employees and 200,000 square feet of office, production and storage across the Greater Toronto Area, pale in comparison to the aggregate experience across the new enterprise.

An integral part of the acquisition rationale was the fact that Postlinx has stringent procedures and retains ISO certification in their Scarborough facility. Services will include Managed IT, web hosting, co-location services, web-to-print, data processing, campaign analytics, laser and inkjet imaging in various formats, variable colour, insertion, intelligent insertion, multi-station and master mailer, polywrapping and finishing (including tipping, and self-mailers), scanning, indexing, and shredding.

A full review of client needs and services will follow the acquisition with a plan to deploy combined services to market in 18 months. Although there is some overlap and equipment redundancy that will create synergies, much of the experience will remain in tact. The 18 month plan will set goals in facility streamlining, consolidation (although not definitive, the long-term intent is to retain at least two Document Service facilities for BCP) as well as the inclusion of wrapping the enterprise in a unified, but as yet to be determined brand.

Mike Coverdale, President of Cover-All commented: “Since being founded in 1966 by James Coverdale, Cover-All has provided our clients with exceptional quality and value, both of which will be greatly enhanced by the acquisition of Postlinx. We continue to maintain a strong leadership position in the industries in which we operate and as a wholly owned Canadian company we are all proud to be an integral and growing part of the mail communication industry in Canada. On behalf of our shareholders, employees and all other stakeholders, I would like to welcome all our new members to the Cover-All organization.”

For further media information please contact John Leonard 416.354.4210

By | 2018-08-22T14:15:06+00:00 December 5th, 2008|Categories: Press Releases|0 Comments
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