Deluxe Corp. Buys PsPrint

Deluxe Corp. has acquired the assets of PsPrint, an online supplier of custom printed promotional products and a portfolio company of private equity investor Sverica International. MHT Partners acted as exclusive advisor to PsPrint. Terms of the deal were not released.

PRESS RELEASE

MHT Partners is pleased to announce that the assets of PsPrint LLC (“PsPrint”), a portfolio company of Sverica International, has been acquired by Deluxe Corporation (NYSE: DLX) (“Deluxe”). MHT acted as exclusive advisor to PsPrint, a leading online supplier of custom printed promotional products.

Eric Wenick, Managing Director, MHT Partners, states, “After working closely with both the PsPrint and Deluxe teams, we see a great complementary fit in combining PsPrint’s online printing experience, processes, and established customer base with Deluxe’s brand name and distribution strength.”

Mike McGill, Managing Director, MHT, adds, “PsPrint’s experienced web to print team and service orientation will serve Deluxe customers well. PsPrint becoming part of the Deluxe family is a perfect fit for everyone. We’re proud to have played a part in this transaction.”

“MHT worked diligently to see this transaction through to a very successful conclusion which generated a gross return in excess of ten times for Sverica. As in any process, there were unanticipated challenges that MHT helped us navigate with strategic insight and creativity,” commented Frank Young, Managing Director at Sverica International and Chairman of PsPrint.

About MHT Partners (www.mhtpartners.com)
Founded in 2001 with offices in Dallas, Texas and Boston, Massachusetts, MHT is an investment bank focused on providing the highest level of advisory services to growth-oriented middle market companies, private equity fund managers and private equity limited partners. For over a decade, MHT’s staff of professionals has built a track record of providing exceptional transaction execution and a premium level of service to its clients. We are committed to developing long-term, trusted relationships through our hard work, dedication and superior capabilities. MHT offers its services through two business lines: MHT Partners offers M&A advisory, capital raising and strategic advisory services to high-growth middle market companies and MHT Secondary Advisors provides private equity limited partners with buy-side and sell-side advisory services for secondary fund interests and fund valuation services. MHT Partners and MHT Secondary Advisors conduct their investment banking activities through MHT Securities, L.P., a member of the FINRA/SIPC.

About PsPrint
Since 1990, PsPrint has provided better printing and service to nearly 500,000 small business marketers and graphic designers. PsPrint combines state-of-the-art Internet capabilities and the industry’s best printing equipment with experienced print professionals and color specialists to deliver convenient online ordering, consistent color matching and 99.7 percent on-time delivery. By offering a 100 percent customer satisfaction guarantee, PsPrint also stands behind every order, every time. More than 70 top-quality and eco-friendly printed products and related mailing services are available online at www.PsPrint.com.

About Sverica International
Sverica International is a leading private equity firm with over $425 million of assets under management across all funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since 1993 Sverica has maintained a “high touch” operating philosophy of taking an active role in portfolio companies. Sverica devotes significant internal resources to help its management teams develop and execute growth strategies.