Vermont Enterprise Journal Enterprise 7 Advisors introduced Thursday that Oatmeal Studios, a division of Excelsior Built-in primarily based in Lee, MA, was acquired by Biely & Shoaf Firm of Seattle, Washington. Enterprise 7 served because the unique merger and acquisition advisor to Excelsior Built-in within the sale of Oatmeal Studios. The phrases of the transaction weren’t disclosed. Oatmeal Studios was based in Vermont and the 2 current account executives will stay right here.
Oatmeal Studios was ranked #8 on Present Beat Journal’s itemizing of high greeting card corporations in 2020. Oatmeal’s product line options over 300 card designs which might be manufactured within the USA with recycled paper and vegetable-based ink. Oatmeal Studios’ enterprise operations will likely be moved from Excelsior Built-in’s Massachusetts headquarters to Biely & Shoaf’s places of work in Seattle, WA. The artistic crew will stay in Massachusetts and Vermont.
Oatmeal Studios was based in Rochester, Vermont, in 1978 by artist Helene Lehrer and her husband Joe Massimino. The corporate shortly turned a number one impartial designer and writer of greeting playing cards. The founders have been named U.S. Small Enterprise Folks of the yr in 1990. The corporate was offered to Excelsior Built-in in 2011.
David Crane, proprietor and President of Excelsior Built-in, is a veteran of the printing and stationery trade. He says, “Oatmeal Studios was one of many earliest and most profitable impartial greeting card manufacturers. We have been happy to discover a purchaser who is aware of our product line and its revered place within the trade. This transaction will permit Excelsior to concentrate on our quickly rising ecommerce 3PL success enterprise, whereas Biely & Shoaf expands the attain of the Oatmeal Studios model.”
Biely & Shoaf Co. is a designer, producer, and distributor of stationery and present merchandise, promoting to impartial retailers and choose nationwide chain shops. The corporate provides Oatmeal Studios’ playing cards to its three current product strains: Shannon Martin Design, the Biely & Shoaf Collection, and A Smyth Co. Tom Shoaf, principal of Biely & Shoaf stated, “We’re thrilled to deliver aboard such a improbable product line and stay up for constructing on Oatmeal’s legacy as a one of many funniest and most profitable card strains within the market.”
About Excelsior Built-in
Excelsior Integrated is a supplier of success providers for web retailers. They supply meeting, stock administration, delivery, Amazon success and associated providers to small and mid-size retailers from distribution facilities in Massachusetts and California. The divestiture of Oatmeal Studios continues the corporate’s evolution from a concentrate on printing and success to a full-service, outsourced eCommerce success.
Concerning the Consumers
Biely & Shoaf Co. is a designer, producer, and distributor of stationery and present merchandise, promoting to impartial retailers and choose nationwide chain shops. Its principals, Glen Biely and Tom Shoaf, have a long time of expertise in artwork publishing and licensing, artistic product growth, and the greeting playing cards and present industries.
About Enterprise 7 Advisors
Enterprise 7 Advisors is a merger and acquisition advisory group serving small and midsize corporations primarily based in Burlington, Vermont. They assist enterprise house owners to maximise the worth of their corporations via pragmatic consulting and a structured course of for promoting a enterprise. Contact them for extra info.
Supply: Burlington, Vermont – January 8, 2020 – Enterprise 7 Advisors