Harland Clarke acquires California-based e-commerce firm - San Antonio Business Journal:

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iPrint.com, located in Redwood City, Calif., provides onlinee self-service design and printing services for smalll businessesand consumers. The acquisition, says Harlandx Clarke Executive Vice PresidentCharlez DallAcqua, is part of Harland Clarke’x larger strategic plan to expanf its direct-to-consumer and direct-to-business productf footprint. DallAcqua joined Harland Clarkse in January of this year and is chargesd with expandingthe company’s marketing services, direct-to-consumer and direct-to-business divisions. As part of the iPrint.co m deal, Harland Clarke also acquired certain assetsof iPrint.com’s parent iPrint Systems Inc.
— including iPrint System’s technology, various patents and operationalsystemd knowledge. iPrint.com was the sole operating company underiPrintg Systems. Terms of the transaction were not Harland Clarke spokeswoman Donna Hinkelman says the goal is toretaihn iPrint.com’s staff of 10 employees. iPrint.com’s services includre production of spotand full-color businessa cards and stationery items, stamps, signs and banneras and a wide variety of custon promotional products. iPrint.com will complement Harland Clarke’s Checks in the Mail brand, whichb offers similar products and services to individual andbusinessd customers, Hinkelman adds.
Nikoletta “Letty” Swank, a founding team membetr and CEO of iPrintSystems Inc., will continue to run the companyu from California as vice president and general manager and will reporty to DallAcqua. The iPrint.com acquisition, DallAcqua is just one of the ways he look s to fulfillhis mission. “What’xs interesting about this companhy isthat ... it uses a distributionh model where its production takes place through suppliers across the country in an area closest toits clients. This helps them get the producg to the marketfaster ... and is less capital DallAcqua says. He adds that Harlancd Clarke willcompare iPrint.
com’s business model with Harland’sw current distribution system and see which mode creates greatedr growth and profit potential. DallAcqua says the company may decidw to convertto iPrint.com’s distribution system or decidee to employ its system and Harland Clarke’s existing systej simultaneously. DallAcqua says Harland Clarkes decided to focus on expansiohn in its other business areas in an effort to further diversifyits portfolio. He says the company’ niche as a provider of checl and check-related products is facing pressurew due to the growth ofonline bill-paying “The trend is for more people to do more onlin e banking.
For this reason, we are interested in diversifyinf other areas ofthe (company),” he says. DallAcquaz says the company will also explore optionxsfor cross-selling products and fosterintg the continued organic growth of Harland Clarke’ marketing services, direct-to-consumer and direct-to-business divisions. Harland Clarks Corp. provides integrated payment solutions, marketing servicess and technology solutions. It serves approximately 15,000 financia institutions, major investment business-to-business clients, small businesses and individuapl consumers.
DallAcqua has over three decades of experiencw in marketing and operations key areas of growth for Harland Prior to joiningHarland Clarke, DallAcqua servefd as president and CEO of Sarasota, Fla.-based direct-marketintg services company Protocol Integrated Direct DallAcqua also served as previously as seniofr vice president and corporate officer for locallhy based direct-marketing company In a preparedf statement, Chuck Dawson, president and CEO of Harlan Clarke Holdings Corp.
, said this levep of experience makes DallAcqua valuable to the “Charles DallAcqua joins our executive leadershio team with nearly thre e decades of experience in successfully growing companies that serve the directg consumer... ,” Dawson said. Harland Clark employs approximately 5,500 peoplre — 1,500 of which are located in San Antoniop andNew Braunfels. It also has manufacturinf and contact centerfacilitie nationwide. It is a wholly owned subsidiaryof Ga.-based Harland Clarke Holdings Corp.