Friday, January 6, 2012

Two new acquisitions in Charlotte area

Call this post-holiday housecleaning. I want to note two recent deals that closed this week:

Classic Graphics Inc. of Charlotte has acquired certain assets of Harperprints in Henderson for an undisclosed price. Classic, which moved its headquarters last February to the former IBM campus in University City, expects 2012 sales of $55 million to $60 million. The deal cements Classic's position as the largest privately held graphic communications company in the Carolinas.

David Pitts, co-owner of Classic, calls this a logical move. "Combining operations with a prominent, industry leading company like Harperprints will help us sustain, and hopefully extend, our growth ambitions," he said in a news release.

Mike Harper, president and co-owner of Harperprints, will become executive VP-Triangle Division for the combined company. Classic, which employs 237, has hired 22 of Harperprints' 40 employees so far for its Morrisville location.

For more information, visit

The second transaction involves the sale of a Rock Hill-based videoconferencing and presentation technology integrator. Mpact Systems Inc. has been acquired by SKC Communication Products of Shawnee Mission, Kan., for an undisclosed price.

All 19 employees of Mpact, including owner Mark Mills, are now SKC employees, and the Rock Hill office becomes SKC's Southeast regional headquarters. Mpact was founded in 2004. SKC employs more than 230 people across the country.

For more info, visit

Two new deals to ring in the new year. How's business for you in 2012? Tell me here.