Boathouse Capital Acquires Direct Impressions

Boathouse Capital Acquires Direct Impressions

Colortree Group, a portfolio company of Boathouse Capital and a supplier of high definition color envelopes and direct marketing materials, has acquired Direct Impressions, a specialty printing company. 

Direct Impressions is a specialty printing company that specializes in direct mail and commercial products, such as continuous forms, folded inserts and cut sheets. The company maintains a full-service prepress department that offers a variety of printed pieces on coated and uncoated papers. Founded in 1997, Direct Impressions has 75 employees and is based in Richmond, VA ( 

Direct Impressions was represented by Dominion Partners, a mid-market investment bank located in Glen Allen, VA ( 

Colortree is a manufacturer of full-color direct mail envelopes, fliers, brochures, letters, newsletters, self-mailers, business reply cards, and other printed products, primarily for the direct mail industry.  In September 2011, Boathouse Capital invested $5.5 million in subordinated debt and equity along with capital from Colortree CEO Pat Patterson in support of a management buyout from Colortree’s founders. Colortree was founded in 1988 and is based in Richmond, VA ( 

Boathouse Capital invests mezzanine debt and equity in lower middle market companies in partnership with management teams and private equity funds. Boathouse will consider investments from $3 million to $10 million in either mezzanine debt or equity capital in companies with revenues of at least $10 million, EBITDAs of $2 million or greater and EBITDA margins of at least 10%. The firm is based in Wayne, PA (

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