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BMK Represents School Photo Marketing, Inc. in Sale to Ennis, Inc.

BMK Represents School Photo Marketing, Inc. in Sale to Ennis, Inc.

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Dec 09, 2022
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Brown Moskowitz & Kallen, P.C. represented School Photo Marketing, Inc. (SPM), located in Morganville, New Jersey, in its sale to a subsidiary of Ennis, Inc., (NYSE: EBF). Texas-based Ennis, Inc. is one of the largest private-label printed business product suppliers in the United States. The transaction was fast-tracked, closing in just over two months.

SPM provides printing, yearbook publishing and marketing-related services to more than 1,400 school and sports photographers across the country. The company operates through a similar wholesale manufacturer-distributor-end user channel as Ennis. The purchaser acquired the SPM name and will continue to operate in its current location.

“We were able to successfully close this transaction in record time for SPM in large part due to our M&A expertise and our network of best-in-class subject matter experts,” said lead transaction counsel Stuart M. Brown, partner and co-chair of the Commercial Transactions practice at BMK. “Today’s transactions require a multi-disciplinary approach given the level of complexity in our current business and legal environment. As experienced practitioners, we are able to quickly assemble a deal team to effectively and efficiently address the technical issues, including environmental, intellectual property and tax-related matters, that often arise in transactions. As a result, we save our clients a lot of unnecessary expense and stress throughout the M&A process.”

In addition to Mr. Brown, Norman D. Kallen, partner and co-chair of the Commercial Transactions practice, Linda R. Brower, senior counsel, and Jay Soled, of counsel, Tax worked on the transaction. Subject matter experts included Keith E. Gilman, managing partner at Lerner, David, Littenberg, Krumholz & Mentlik LLP (intellectual property); Wanda Chin Monahan of Wanda Chin Monahan LLC (environmental); and Nivritha Ketty (employment) and Christine Gottesman (benefits) of Nukk-Freeman & Cerra, P.C.

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