Safeguard Acquires Assets of Team MHC
Safeguard, Dallas, has completed its acquisition of the assets of MHC Associates Inc. (d/b/a Team MHC), based in Burnsville, Minn. Team MHC, an integrated marketing resource provider to North American companies for more than 30 years, has helped companies streamline and manage digital and traditional marketing materials through Web-based technology while maintaining critical brand standards.
Team MHC is the second Minneapolis-based company Safeguard has acquired this year. In July, the company announced the acquisition of QBF located in Plymouth. As a result of the success generated by Safeguard's Business Acquisitions and Mergers team, Safeguard recently became the first company in the industry to receive a coveted Dealmaker of the Year award by Franchise Times magazine.
"The Safeguard BAM (Business Acquisitions and Mergers) strategy remains a key component of the company's forward-looking growth plans. We've made a commitment to acquiring best-in-class organizations whose culture and focus are well-aligned with Safeguard in providing the marketing and other products, services and solutions needed by customers to run and grow their businesses," said R. Scott Sutton, CFE, director and vice president of Safeguard Acquisitions Inc. "As with all of the businesses we acquire, we take great pride in continuing and strengthening the legacy of the MHC Associates business, one that was founded in 1980 and has been providing value to its customers, employees and community ever since."
Terms of the deal were not disclosed.
For more information, visit www.safeguarddevelopment.com.