Tampa, Fla. – Proforma, the largest family-owned and operated distributor in the promotional products and printing industry, is excited to announce that Jay Vento, President and Owner of Proforma Spectrum Graphics has completed his acquisition of DataGuide, a $3+ million-dollar printing and promotional products distributor headquartered in Boston, Massachusetts.
“I am very excited to add DataGuide to my growing company. Proforma is guiding me through multiple opportunities that will help propel me to the $25 million in annual sales and beyond,” said Jay Vento. “Proforma has helped me every step of the way including introducing me to the initial opportunity, negotiating the contract, as well as handling onboarding and training the DataGuide team.”
Jay Vento has been with the Proforma family for nearly 35 years and is a member of Proforma’s esteemed 10 Million Dollar Club.
“We looked at a number of potential acquirers.” said Chris Higgins, DataGuide’s President. “Proforma Spectrum Graphic presented the best potential as they have the industry’s best technology and resources to assure our continued growth and success.”
“Mergers and acquisitions can present more complexities than what most businesses anticipate” said Greg Armstrong, Proforma Chief Sales Officer. “Our Technology and Acquisition Support Teams help mitigate inherent onboarding friction while maximizing growth opportunity. This win-win approach positions Proforma as the technology and business success leader for a growing segment of the industry looking to transition out of their businesses.”
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About Proforma
With more than 45 years of experience, Proforma is the $600 million technology and business success leader in the printing, promotional products, and packaging industry. Proforma’s investment of more than $25 million in technology maximizes its success in the marketplace. Proforma’s record-breaking achievements include more than 50 of its Members being recognized on Inc. Magazine’s list of the 5,000 fastest-growing companies over the past three years and more than 300 Members in its Million and Multi-Million Dollar Club earning annual sales ranging from $1 million to nearly $50 million.
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