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Microdynamics Group Acquires Assets of LaserTech of Madison, Inc.
Naperville, Illinois (April 11, 2008) – Microdynamics Group, a leading provider of printed and electronic billing solutions with headquarters located in Naperville, Illinois, has announced today that it has entered into an asset purchase agreement with LaserTech of Madison, Inc., located in Madison, Wisconsin.
In January, 2008, Microdynamics Group acquired MetroGroup Transaction Services (formerly Proficient Data) which had operations in both Glendale Heights, Illinois and Seward, Nebraska. The Seward facility’s activity is in the process of being migrated into the Glendale Heights and Naperville facilities and additionally the newly acquired Milwaukee, Wisconsin plant.
Microdynamics Group is a privately held, profitable company that was founded over thirty years ago by the same management team that runs the company today.
Microdynamics (www.microdg.com) provides one source, turnkey solutions for the printing, mailing, and electronic delivery of invoices, bills and statements. The Company’s ability to improve turnaround times, create detailed color material and improve efficiencies for its customers has made the Company a vital business partner for many well known Fortune 500 companies as well as for a diverse group of regional, consumer–focused financial institutions.
The combined operations of Microdynamics Group now consist of four facilities: two in Naperville, Illinois, one in Glendale Heights, Illinois and one in Milwaukee, Wisconsin.
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