Safeguard by Prime Completes Acquisition of Safeguard Rocky Ridge

July 01, 2018

With the goal of increasing Safeguard by Prime’s national footprint, distributor Tim McMahon purchases 30-year old York, PA distributorship

STREETSBORO, OH– Safeguard Business Systems, Inc. is pleased to announce it has completed the divestiture of Safeguard Rocky Ridge to Safeguard by Prime distributor Tim McMahon. McMahon acquired the York, PA-based company to generate growth of his print and promotional products business, which currently serves Northeast Ohio.

For several decades, Safeguard Rock Ridge’s mission has been to help Pennsylvania business owners prosper by providing a wide array of solutions to better market and manage their company. Online marketing and web services, promotional products and apparel, design and print services, and a variety of other offerings form the foundation of Rocky Ridge’s customer focus in the markets it serves. Through the acquisition of Rocky Ridge by Safeguard by Prime, the combined business footprint will be able to reach more customers throughout Pennsylvania and broaden its existing suite of service offerings.

Born and raised near Safeguard’s original corporate office in Lansdale, Pennsylvania, McMahon was exposed to the printing and promotional products industry from a young age. His father spent more than 30 years in the field, taking McMahon under his wing while building a career at a large office supply retailer. After graduating from Drexel University in 2010, McMahon was hired by Safeguard and began working with existing and new Safeguard distributors as each focused-on growth initiatives. While working within the Lansdale, PA Safeguard facility, McMahon was approached with an opportunity to fulfill his entrepreneurial dream by purchasing his own distributorship: Safeguard by Prime. After the Safeguard by Prime acquisition, McMahon quickly had his sights set on expanding Safeguard by Prime into the Pennsylvania area and realized Safeguard Rocky Ridge was a perfect solution.

“Pennsylvania has been my home for three decades, so being able to successfully expand a business in the area has been a goal of mine. Safeguard Rocky Ridge provided me with the opportunity to fulfill that goal,” said McMahon. “Demand for our services is high, and this latest transaction will allow us to continue meeting the needs of our customers.”

The acquisition was completed as part of Safeguard’s Business Acquisitions and Mergers (BAM) program, which focuses its efforts on providing opportunities for existing and new Safeguard distributors to grow their businesses through acquisition and merger transactions.

“Tim has been a great addition to the Safeguard network and we’re fortunate to play a role in his continued growth and success,” said R. Scott Sutton, Vice President and leader of the BAM team at Safeguard. “We’ve worked closely with Tim to strengthen his presence in Ohio and Pennsylvania and this latest acquisition will certainly provide to him the opportunity to offer Safeguard’s world-class products and services to more customers in diverse industry segments. We’re excited to complete this transaction and look forward to seeing what he’s able to accomplish with his business in the near future.”

ABOUT SAFEGUARD

For more than 60 years, Safeguard, through its network of distributors, has been providing the products, services and expertise needed by business owners to help their businesses grow. Through innovation, dedication and a commitment to quality and integrity, Safeguard has transformed itself from a small check printing business to a fully diversified business solutions enterprise. To learn more about Safeguard, please visit www.gosafeguard.com, or follow us on Twitter at www.twitter.com/gosafeguard.

ABOUT SAFEGUARD BAM

Since 2008, Safeguard’s award-winning Business Acquisitions and Mergers (BAM) Team has emerged as the most decorated strategic growth team in the industry. With more than 100 years of collective experience in mergers, acquisitions, divestitures, business strategy and financial performance assessment, the BAM Team possesses the “know how” needed by Safeguard, its affiliates, distributors and franchisees to complete complex transactions across multiple business channels. The BAM team has completed more than 150 total transactions since its inception, earning accolades at the highest levels. In 2018, the BAM team won a second coveted Dealmaker of the Year award, presented by Franchise Times® Magazine, after first winning the award in 2014.In 2017, the BAM team won an M&A Advisors Deal of the Year award in the Professional Services (B-to-B) category as well as a bronze Stevie® American Business Award as Support Team of the Year. To learn more about the BAM Team, please visit safeguardbam.com, or follow us on Twitter at www.twitter.com/safeguardgrowth.

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