Jersey City, New Jersey, December 15, 2022: Diversified Global Graphics Group (DG3), a leading provider of global print, technology, and visual communication services, announced that DG3 North America, Inc. has completed the sale of its Argyle business to Labrador Regulated Information Transparency, Inc. (Labrador). In connection with the sale, DG3 has also sold DG3’s Philippines subsidiary, DG3 iDocs, Inc., to Labrador and formed a new Philippines subsidiary, Diversified Graphics Services, Inc. (DGSI) for the employees DG3 is retaining there.
Since its forming by DG3, Argyle has become the nation’s leading advisory and creative services provider for US public company shareholder communications. The sale to Labrador further strengthens the position of Argyle while allowing DG3 to refocus on its remaining strategic North America lines of business. The DGSI team in the Philippines is now streamlined to focus on these DG3 businesses.
Joe Lindfeldt, DG3’s Division President managing Argyle, commented “The Argyle and iDocs teams have built a powerhouse creative services division within DG3. Given their similar aspirations, we are pleased to see Argyle now combine with Labrador.”
Steven Babat, DG3’s CEO added “We couldn’t be more excited about DG3’s refocused prospects in our North American business and the ongoing support of our DGSI Philippines team in achieving our strategic priorities. We have a portfolio of businesses aimed at enhancing communications for our clients to help them achieve their strategic priorities. We have tremendous potential for growth in these businesses, especially with renewed focus.”
Terms of the transaction were not disclosed.
DG3, a Resilience Capital Partners portfolio company (www.resiliencecapital.com), is a global leader in print and communications services. DG3 delivers client-centric, globally integrated solutions to companies within numerous industries. For more information, please visit www.dg3.com.
About Resilience Capital Partners:
Headquartered in Cleveland, Ohio, Resilience invests in niche-oriented manufacturing, value added distribution and business service companies with sustainable market positions. Resilience provides a flexible transaction approach to accommodate the needs of businesses and sellers.
Since its founding in 2001, Resilience has raised and advised funds with aggregate capital commitments in excess of $675 million on behalf of its global investor base, which includes pension funds, insurance companies, foundations and endowments, fund of funds, family offices, and high net worth individuals. These funds have been invested in 84 companies under 41 platforms in numerous industries. For more information, please visit www.resiliencecapital.com.