Workflow Management and Enterprise Acquisition Merger
New York-based Workflow Management—one of the nation’s leading providers of managed print and promotional product services—and Enterprise Acquisition announced that WF Capital Holding, the parent of Workflow, and Enterprise have signed a definitive merger agreement for $669 million. In addition, Workflow also has signed agreements to acquire additional businesses in the marketing services and promotional products industry, which may be completed prior to the closing of the merger with Enterprise. The current management of Workflow will remain in place to run the combined company after the merger. Workflow’s initial and largest shareholder, Perseus LLC, will stay invested in a significant part in the transaction.