Taylor Corp. Acquires NEPS
Synergistic relationship will empower communications solutions for customers in multiple markets.
Taylor Corp., one of the U.S.’s largest privately held companies and one of the top 10 graphics communications companies in North America, yesterday announced that it has acquired the assets of NEPS, LLC as an integral part of a long-term plan to broaden its portfolio of innovative technology solutions for its customers. The synergies between several of Taylor Corp.’s existing businesses and NEPS leverage an alignment of cultures, technological strengths, and industries served.
NEPS has robust offerings in vertical markets including insurance, finance, healthcare, and automotive. As a leader in helping companies empower their document processes and in providing communication management services, NEPS has been at the forefront of communications innovation, leveraging its deep industry knowledge and award-winning products and services that have long been recognized in the industry.
Taylor Corp. released a statement saying, “Adding NEPS to our family of companies expands our talent and technology vision across our organization. Their offerings complement existing technology within our companies and will enhance delivery of our industry expertise and technologies that provide customers with better control of their corporate communications.”
Denise Miano, founder and president of NEPS, said, “As we met with the management team at Taylor and learned more about the breadth of the organization, we saw genuine opportunity and value in being part of this family of companies. We are looking forward to being part of this team and are already seeing some of the benefits to our company.”
NEPS will operate as a standalone business within the Taylor portfolio of companies and the management of NEPS will remain in place.