Print and direct mail firm acquired by communications group

Leeds-based print and direct mail specialist, The Lettershop Group (TLG), has been acquired by Paragon Customer Communications.

TLG and its 142 employees will become part of Paragon Customer Communications UK, Ireland and Luxembourg.

This deal forms part of Paragon’s ongoing growth plan, which will augment the company’s organic growth performance and its capabilities, talent and market share with strategic acquisitions.

TLG’s Leeds site and expertise, which has a 136-year history, is intended to enhance Paragon’s current offerings.

Paragon says the deal will extend its direct mail and packaging portfolios and broaden the range of solutions it can offer clients.

It believes TLG offers great potential for future growth due to its strong client base and dedicated staff.

John Rogers, executive director, corporate development, Paragon Group, said: “Paragon is committed to its acquisition-led growth strategy.

“Incorporating TLG will provide us with the opportunity to continue our growth trajectory and offer increasingly innovative solutions to our customers in a market that remains fragmented.”

Jeremy Walters, CEO of Paragon Customer Communications UK, Ireland and Luxembourg, added: “TLG’s industry knowledge, expertise and dedication to its customers will help to strengthen our position within an evolving market, and we are thrilled to begin working with its 142 committed staff members.”