Double Envelope announces the acquisition of Florida Envelope Company
April 18, 2013
Double Envelope and its parent company, BSC Ventures, have reached a definitive agreement to acquire the operating assets of Florida Envelope Company. Founded in 1990, Florida Envelope operates a 20,000 square foot manufacturing facility in Brandon, Florida just outside Tampa.
Double Envelope is a custom envelope manufacturer with plants in Roanoke, Virginia, Gainesville, Florida, Baltimore, Maryland and Angola, Indiana. The parent company of Double Envelope, BSC Ventures, is headquartered in Roanoke. BSC also owns Convertagraphics, a four-color inline web printer and converter in Roanoke, and Champion Printing Inc. in Cincinnati, Ohio. Champion Printing was acquired in 2006, and now operates as a division of Convertagraphics with a focus on direct mail.
Florida Envelope manufactures custom envelopes and targets the direct mail industry in the Florida market. The acquisition of Florida Envelope continues BSC’s growth through strategic acquisitions to expand Double Envelope’s market presence and manufacturing capability. "Florida Envelope brings strong customer relationships and proven ability to service the highly competitive direct mail industry. The addition of Florida Envelope’s flat sheet printing capability to Double Envelope’s state of the art converting equipment and expertise is a winning combination. Our objective is to expand market presence without losing the personal and responsive service which has fueled Double Envelope’s growth,” stated Brian Sass, CEO of BSC Ventures.
BSC plans to integrate manufacturing operations in Double Envelope’s Gainesville, Florida plant and maintain the Florida Envelope sales office in Tampa. The Founder and President of Florida Envelope, Rich Eckaus will continue running the Tampa office. Mr. Eckaus adds, “I am grateful for the opportunity this acquisition affords for those associated with Florida Envelope Company to now work with and be a part of the BSC family. Through this acquisition, I see great opportunities to better service the envelope manufacturing marketplace by incorporating the best of both companies.”