Imagine! Agrees to Acquire Midnight Oil Agency
MINNEAPOLIS, Minn. (June 27, 2016) – Imagine! Print Solutions (“Imagine!“) is pleased to announce that it has entered into a definitive agreement to acquire Midnight Oil Agency (“Midnight Oil”), a world-class marketing agency based in Burbank, California.
With the addition of Midnight Oil and the continued support of Oak Hill Capital Partners, Imagine! is well positioned for future growth and delivery of its vision:
To become the world’s most admired visual communications company, thrilling customers through innovation and execution.
Midnight Oil’s differentiated creative capabilities will enhance Imagine!’s value-added service offering and go-to-market strategy, and bring immediate value to existing Imagine! customers. Midnight Oil will continue to operate independently and deliver high quality creative services to its customers, while leveraging Imagine!’s world-class design, production, and fulfillment capabilities.
John Hans, CEO of Imagine!, is highly enthusiastic about the partnership, “Adding Midnight Oil’s creative capabilities, its talented team, and its leadership position in the gaming and entertainment industries to Imagine!’s capabilities and network make this a partnership built for success.”
“We’re making this strategic move to position Midnight Oil as a global, industry leader,” stated Tom Stillwell, CEO of Midnight Oil. “The partnership with Imagine! will provide ample support and resources to drive expansion into new categories and markets. With our larger and stronger infrastructure, we will delight our current customers and open the doors to many new opportunities.”
“Midnight Oil is a great fit. We share a common culture and vision, and we look forward to welcoming the Midnight Oil team to the Imagine! family,” added Bob Lothenbach, Founder of Imagine! “Combining our resources and talents will provide all of our customers with access to a wider, more sophisticated array of services and capabilities.”
About Imagine! Print Solutions
Imagine! is North America’s leading provider of visual marketing products for Retailers, Quick Serve and Fast Casual Restaurants, CPG companies and more. The company’s retail and brand-based marketing services breadth is unparalleled, enabling Imagine! to execute recurring, large scale point-of-purchase/point-of-sale displays and in-store signage campaigns. Imagine!’s single-source capabilities include design, campaign production, kitting and fulfillment. Proprietary, technology based services enable Imagine! to streamline customers’ traditional, complicated supply chains to enhance quality, improve speed-to-market and lower total costs. Fortune 500 companies, Fortune 1000 retailers, quick-serve restaurants, convenience stores and branded consumer goods companies depend on Imagine!’s customer-integrated store profiling, kitting, merchandising, inventory management and on demand e-commerce services to execute mission critical in-store campaigns. Imagine! was founded in 1988 and is based in Minneapolis, Minnesota.