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Private equity arm of ANZ invests in LEP Colour Printers

Private equity arm of ANZ invests in LEP Colour Printers
by Staff Writer
Jul 17, 2008
Find more like: anz | lep | equity | finance

LEP Colour Printers has been acquired by the private equity arm of ANZ, after Mike Brooks sold his trade only printing business, based on the Sunshine Coast (QLD).

Since LEP Colour Printers opened its doors seven years ago, the business has made quite an impact in the printing industry.

Supplying to the trade, business to business printing, has seen the business grow rapidly to service clients nationally throughout Australia and New Zealand.
Many of LEP's key philosophies will not change


John Bromfield, new CEO of LEP Colour Printers said the acquisition funded with private equity and debt funding from ANZ means the firm can make the most of the opportunities with this already successful business.

"With such a strong financial backer," he said, "we have the ability to further invest in the business so as the facilitate growth and improve on our already high levels of customer service. The shortly to be released Electronic Submission Print, LEP's online order and job-tracking system being one of many such improvements."

"Many of LEP's key philosophies will not change; we will be working to build on these in order to strengthen and prepare the business for further growth." Bromfield added.

The company's product range includes business cards, letterheads, brochures, presentation folders and magazines.

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