George W. Steffen Bookbinders, Inc.
George W. Steffen Bookbinders, Inc. is a leading provider of binding and finishing services, including Otabind® (layflat binding), perfect binding, saddle stitch, wire-o, and Plastikoil.
MelCap Partners served as Steffen’s exclusive investment banker and financial advisor in the sale of the business. We’d like to thank Bill and Betty Turoczy, for hiring MelCap Partners to represent them in this once in a lifetime transaction. It was an honor and pleasure to work with them throughout this exciting process.
In an effort to provide Mr & Mrs. Turoczy with liquidity, and to continue to support Steffen’s strategic growth plans, MelCap was able to successfully identify the most logical buyer for the business. As a result, Steffen was sold to Bindtech Holdings, Inc. headquartered in Nashville, TN. BindTech is one of the largest privately-owned trade binderies/ book manufacturers that services many major printers and publishers located throughout the United States. The Company has operations nationwide in Nashville, TN, Cleveland, OH, Kingsport, TN, Phoenix, AZ, Ypsilanti, MI, and Fitchburg, MA.
"Deciding to sell a company that we owned for 40 years filled us with mixed emotions. MelCap helped us through a complicated process by keeping in constant touch by phone and Zoom meetings to make sure that we, and the buyer, were in sync. Our trepidation turned to confident relief satisfied that our family business is in great hands."
Mr. Bill & Mrs. Betty Turoczy
Owners, George W. Steffen Bookbinders, Inc.
Providing the Services Business Owners Need for Over Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Category: Industrials, Sell-Side M&A