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1 November 2017
Data Group buys Bolder Graphics
CALGARY—
DATA Communications Management Corp.has announce it has entered into an agreement to acquire BOLDER Graphics of Alberta. .
Bolder has approximately 40 employees operating in a 59,000 square foot facility located in Calgary, Alberta.Closing is expected to occur on or about November 10, 2017 . Data recently bought Thistle Printing and Eclipse Graphics.
BOLDER generated approximately $7 million in revenues for the fiscal year ended January 1, 2017. DATA intends to relocate BOLDER’s staff and operations into DATA’s 165,000 square foot Calgary, Alberta facility.
Kevin McCoy, President & CEO and founder of BOLDER, is expected to remain with the company for approximately six months to assist in transition matters. Dave Watt, Vice President, Sales and Marketing will remain with the company and continue to serve BOLDER’s clients.
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