Solution Dynamics Limited logo

Solution Dynamics acquires DigitalToPrint

M&A13 April 2018SDLConsumer Discretionary

13 April 2018

Solutions Dynamics acquires DigitalToPrint

Solution Dynamics Limited (SDL) has reached agreement to acquire the assets and intellectual

property of United States-based technology company DigitalToPrint Inc. and its related companies

(DTP). The two principals of DTP, US-based Glenn Lombino and UK-based Chris Hall, will join SDL.

DTP specialises in the management of multinational organisations’ print and associated distribution

of customer communications documents into local markets worldwide. It does this through a global

network of nearly 300 print and delivery partners in more than 50 countries. Its bespoke technology

platform and document workflow technology enables the company to deliver custom solutions for

any type of production requirement.

DTP is built upon a single global platform which manages documents, data, and activity in a multi-

lingual secure environment, with tools to create and produce jobs to automate the process from

templated composition to final delivery, including financial settlement in multiple currencies. DTP’s

cloud-based software automates the production process by integrating with the appropriate

international production sites according to geographic and production requirements, with defined

service levels.

Coupled with SDL’s range of Omni channel customer communications software and technology

solutions, this enhances the combined offering to both organisations’ existing international

customer base and prospects. The acquisition provides SDL with an initial sales footprint in the US

market.

DTP generated revenue of around US$1.37 million in 2017 and has generally operated at around

break-even profitability, albeit with some profit volatility. SDL is acquiring the assets, including DTP’s

software platform IP, for an upfront cash payment of US$100,000 with one year earn out payments

of additional cash and shares in SDL of up to a further US$575,000. DTP is expected to show a

modest loss in the first year of operations although if the full earn out targets are achieved then DTP

will be profitable.


For further information, please contact:

John McMahon Nelson Siva

Chairman Managing Director

+61-(0)410-411 806 +64-(0)21-415 027

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.