4imprint Group Sells Supplier Division SPS

In order to focus on its marketing growth, London-based direct marketing business 4imprint Group, parent company of top 10 distributor 4imprint, announced it has sold SPS, a portion of its business that serves as a European promotional products supplier and is based in Blackpool, England.

Ensco 1024 Ltd., a newly Birmingham, England-incorporated company, purchased SPS for £7.25 million (about $11.9 million). Ensco's purchase is backed by Maven Capital Partners, a private equity and alternative asset manager with six offices throughout the United Kingdom.