TA Associates, a private equity firm with offices in Boston, said Wednesday that it has completed an investment in Onlineprinters GmbH, one of Europe’s largest online printing companies. Terms of the investment were not disclosed.
Onlineprinters GmbH also operates under the brand DieDruckerei. The company provides on-demand printing of marketing materials primarily for small and medium size businesses and marketing agencies. Customers place orders, upload electronic data files and submit payments online, with delivery of printed materials typically within one week, TA said in a press release.
“Onlineprinters’ on-demand model is transforming the business printing market with extremely low prices and a reputation for quality and reliability,” Dietrich Hauptmeier, a senior vice president at TA Associates, said in a statement. “Onlineprinters’ large customer base and strong pan-European brands have led to a ten-fold increase in revenues over the last eight years.”
Hauptmeier will join the company’s advisory board, as will Jonathan Meeks, a managing director at TA.
Founded in 1968, TA Associates has invested in more than 425 companies globally and has raised $18 billion in capital. It has offices in Boston, Menlo Park, London, Mumbai, and Hong Kong.