R.R. Donnelly Canadian head office in Mississauga

DATA Communications Management (DCM). announced that it has  acquired the Canadian operations of R.R. Donnelley & Sons for a total cash purchase price of CDN $123 million. RRD Canada generated revenue of approximately $250 million in 2022 and has 1,000 employees. The combined company will have a larger presence in Canada with more than $500 million in annual sales.  DCM intends to finance 100 percent of the purchase price in cash through fully committed credit facilities from a Canadian Chartered Bank

Originally a business forms company and now Canada's third largest printer

and Fiera Private Debt. Included in the purchase price, DCM will acquire three sites currently owned by RRD Canada at an implied net value of approximately $30 million. Following closing of the acquisition transaction, DCM intends to enter into a sale and lease-back arrangement for each site. R.R. Donnelly was bought last year by a private equity company.  DCM will become the third largest printer in Canada behind Transcontinental and Vistarrint.