The Little Rock Magna IV printing plant was acquired by Bluestem Integrated, LLC of Tulsa. Terms of the private transaction were not disclosed.
According to a company press release, the partnership will allow the more than 45-year-old Arkansas-based company to expand its digital, label and wide format printing capabilities.
“Magna IV is consistently recognized for its craftsmanship, innovative services and quality products,” said Kristi Dannelley, owner and CEO of Magna IV. “The acquisition of Bluestem is a natural step as we continue to develop our offers and gain additional market share. “
Dannelley will oversee the transition of operations to Hal Salisbury, president and founder of Bluestem. Bluestem will maintain Magna IV facilities and employees in Little Rock.
“Bluestem and Magna IV are driven by similar missions: to simplify the printing and marketing process for our customers,” said Salisbury. “We are delighted to expand our presence in the Mid-South with this proven industry leader. “
Bluestem provides on-demand web services with digital printing and finishing equipment, as well as warehousing, kitting and order fulfillment services. Magna IV offers offset, digital and large format printing as well as direct mail services and on-site warehousing and fulfillment. Both companies offer online marketing portals to help customers centralize and streamline their marketing needs.
“Hal and his team have built a very impressive organization with the latest printing technology,” continued Dannelley. “I couldn’t be more excited about the future of Magna IV. “
Founded in 1975, Magna IV serves local, regional and national clients including Dave & Buster’s, Gold’s Gym, St. Jude Children’s Research Hospital, Resort Lifestyle Communities, University of Arkansas, Harding University, Zips Car Wash and more. Bluestem has a national clientele in several sectors of activity.