Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, has bought Japs-Olson Co., a family-owned direct mail marketing services company.
Founded in 1907, Japs-Olson is a custom print and direct mail provider for financial services, non-profit, insurance, healthcare, retail and other markets. Headquartered in St. Louis Park, Minn., the company manufactures and distributes over one billion personalized mailings annually.
“We are fortunate to partner with Monomoy and leverage their ability to build upon the strength of our customer relationships, supporting our mission of providing exceptional customer service and on-time delivery,” says Mike Beddor, Japs-Olson CEO.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC provided legal counsel to Monomoy, and Wells Fargo and Prospect Capital Management provided financing for the transaction. Lazard served as financial advisor and Stinson LLP served as legal counsel to Japs-Olson.