Press Release
Anacomp Receives $8 Million in New Financing
New Investment to Support Aggressive Growth Initiatives
SAN DIEGO, CA, MARCH 13, 2008
- Anacomp® Inc., a leading business process solutions
company, today announced that it has raised $8.0 million in
secured senior subordinated debt from its two principal
shareholders. The debt, which has a stated maturity of five
years from date of issuance, also entitles the investors to
purchase an additional $2.0 million at the same terms as the
initial investment. The new financing will help support
Anacomp's aggressive growth initiatives.
“This investment is an affirmation of our vision to
transform Anacomp into a highly profitable business process
solutions company, offering leading software as a service (SaaS)
applications in litigation support, finance and accounting,
and human resources which leverage our leading on-demand
business process platform for enterprise capture, hosted
repository, and business process management,” said Howard
Dratler, Anacomp’s President and CEO. “These proceeds will
be used to fund ongoing investments in product development,
sales, marketing and our technology infrastructure both in
the United States and in Europe.”
About Anacomp
With 40 years of experience and a passionate commitment to client services, Anacomp partners
with its customers to help them realize the full potential of their business processes at the
lowest total cost of ownership. Possessing one of the world’s largest document repositories as
well as a large, independent field services organization, Anacomp’s offerings serve hundreds of
original equipment manufacturing (OEM) partners and thousands of end users in insurance, financial
services, government, legal, and other markets. Anacomp is headquartered in San Diego, with
international headquarters in Wokingham, UK. For more information, visit www.anacomp.com or call
(800) 364-9870.
For More Information:
Rob Jensen
Senior Director of Marketing
Anacomp, Inc.
(858) 716-3549
rob.jensen@anacomp.com
Anacomp, docHarbor and CaseLogistix are registered trademarks of Anacomp, Inc. All other trademarks, services marks, company names are properties of their respective owners.