Bregal Sagemount
14 Nov 2024
The merger will open new prospects for accelerated growth for both companies and offer millions of customers broader opportunities to develop their online businesses on a global scale.
Both platforms will continue to operate as separate brands, strengthening Riga's position as an innovation center and a strategic target for tech investment.
With the support of shareholders and the approval of regulatory authorities, Printful and Printify have announced their merger today. By joining forces as equal partners and combining their technology capabilities and resources, the new company will be able to create a business providing greater product selection, broader geographic reach, and improving fulfillment solutions for everyone—from individual entrepreneurs to leading global companies. Both the Printful and Printify brands will be maintained for the foreseeable future, and existing sellers and customers can expect to see new offerings on both platforms soon.
Alex Saltonstall
CEO - Printful
Today the two companies serve hundreds of thousands of clients, including individuals running side-gigs, entrepreneurs creating their own brands, and some of the world’s largest entertainment companies using creative merchandise to engage their fans. This merger will provide e-commerce sellers worldwide with the strengths of both Printful’s in-house production facilities, and Printify’s network of more than 85 third-party production partners. By providing print and other on-demand manufacturing services, the companies aim to replace mass production, both enabling the efficient growth of customers' businesses and reducing the harmful effect of overproduction on the planet.
Anastasija Oļeiņika
CEO - Printify
The merged business will become one of Latvia’s most prominent technology companies, contributing significantly to the domestic economy and enhancing Riga’s position as a leading destination for entrepreneurship, innovation, and tech investment. The co-founders of both companies view the merger as the next logical step in their development.
Lauris Liberts
Co-founder and Chairman - Printful
Jānis Berdigans
Founder and Executive Chairman - Printify