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The deal for Brand Addition is worth up to $37.6 million. H.I.G. Capital's subsidiaries will pay approximately $35.6 million immediately upon completion of the sale, with up $2 million in additional payments due 12 months after the date of completion. The sale is subject to the approval of company shareholders. 4imprint did not state when the deal is expected to transpire.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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