MELVILLE, NY – Dec. 7, 2021— BIGNAME Commerce, the parent company of Envelopes.com and Folders.com, market leaders in specialty office supplies, announced today that it has merged with JAM Paper & Envelope, a data analytics-driven retailer of popular branded specialty office products sold exclusively through e-commerce marketplace channels and its own direct-to-consumer website.
The combined company brings together complementary skillsets, merging BIGNAME Commerce’s expertise in in-house envelope manufacturing, custom printing and personalization and direct-to-consumer sales with JAM Paper & Envelope’s success in selling on dozens of third-party online marketplaces globally. Additionally, the combination enhances capabilities relative to advanced data and analytics, improves manufacturing utilization, and directs more volume to strategic vendors.
JAM CEO Andrew Jacobs will become the CEO of the combined company. BIGNAME Commerce CEO Craig Johnson will transition to the role of advisor and board member, serving as an advisor to Mr. Jacobs and the board to support integration efforts and growth. Mike Jacobs, founder of JAM Paper, will remain Director of Purchasing, a field he has specialized in for more than 46 years.
“We’ve long had a tremendous amount of respect for Envelopes.com and Folders.com, particularly related to their expertise in manufacturing and personalization,” said JAM Paper’s Andrew Jacobs. “When we first started discussing a potential combination, we quickly recognized the advantages of combining our complementary teams in a way that would amplify and extend our capabilities in exciting and innovative ways.”
With the merger, the combined company is poised to take advantage of the larger shift from traditional retail to ecommerce, helping the company capture an even larger portion of the multibillion-dollar addressable market for office supplies.
“I couldn’t be more excited about our prospects for the future of the combined business as demand continues to shift online and we bring the industry’s best set of capabilities together for our customers,” Johnson said.
TZP Group, a multi-strategy private equity firm that invested in BIGNAME Commerce in 2015, helped facilitate the merger.
“When we invested in BIGNAME Commerce, we knew scale and innovation would be key drivers of growth and value creation,” said Rodney Eshelman, a partner at TZP Group. “This merger creates a larger diversified enterprise with additional resources to invest in innovation and led by a best-in-class combined management team.”
East Wind Advisors acted as exclusive financial advisor to Jam Paper & Envelope in this transaction.
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