CHICAGO and LANHAM, Md., Feb. 16, 2023 (GLOBE NEWSWIRE) — Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced it has made an investment in CP Direct Holdings, L.L.C., a Maryland based provider of direct mail printing services focused on large-volume print runs for non-profit fundraising campaigns. The acquisition, led by Granite Creek and industry veteran, Nathan Moser, includes a co-investment from Everside Capital Partners and senior financing provided by Cadence Bank.
In conjunction with Granite Creek’s investment in CP Direct, Granite Creek Partner and Co-Founder Brian Boorstein, and Director Jordan Liss, will join its board of directors.
We are excited to become a Granite Creek portfolio company. Granite Creek’s investment will provide the added support for CP Direct to continue building a comprehensive direct mail services and corporate communications platform. Our focus remains on delivering phenomenal service for our customers and the support from Granite Creek will only further our ability to do so.”
Matt Trotta, Founder and Chief Executive Officer of CP Direct“Direct mail continues to be highly effective in the new digital world,” said Jordan Liss, Director at Granite Creek. “CP Direct has a reputation for excellence with its customers and is well-positioned to capitalize on this ever-changing direct mail market. We look forward to working with the CP Direct team to continue investing in the business’ breadth of services and capabilities.”
CP Direct recently secured the 108th position in the 2022 Printing Impressions Top 300 Printing Companies, growing from its 118th position in 2021. With the support of Granite Creek, CP Direct expects to continue to make strategic investments to accelerate its growth trajectory and market position.