Aldine Invests in Production Services Associates
Production Services Associates (“PSA”) designs, manufactures, and distributes plastic cards, offering turnkey solutions for gift, loyalty, membership, identification, promotional, and single source programs. Aldine partnered with a private equity sponsor to purchase PSA and merge the Company with American Card Services (“ACS”), a manufacturer of short run order printed gift and loyalty cards. The combination of PSA and ACS increases the Company’s ability to fulfill both long and short run orders at industry leading turnaround times.
Aldine provided a subordinated note and equity investment.