Pitney Bowes DMT Sold To Platinum Equity

Posted on May 1, 2018 by mailomg in DMT, Uncategorized // 0 Comments

Pitney Bowes Inc. announced April 30, 2018 that Platinum Equity has signed a definitive agreement to acquire the Company’s Document Messaging Technologies (DMT) production mail business and supporting software for $361 million, subject to certain adjustments. The company anticipates proceeds from the sale of approximately $270 million, net of estimated closing costs, transaction fees and taxes. Pitney Bowes expects to use the majority of the net proceeds from the sale to pay down debt.

The transaction is likely to be completed late in the second or early in the third quarter subject to customary closing conditions … (click to read more)

Pictured Above: Pitney Bowes IntelliJet 20 HD printing systems, one of the products sold for high-volume document production by Pitney Bowes DMT.

Related Links:

Pitney Bowes CEO On The Sale Of DMT

Who Is Platinum Equity, Buyer of Pitney Bowes DMT?

Pitney Bowes Strategic Review

Click for OMG Pitney Bowes DMT Listing

Amazon To Offer Shipping Services

Plans to open up its less-than-truckload shipping service to companies beyond its own network. From CNBC: Shares of several large freight carriers slumped after Amazon [...]
USPS Proposes New Mail Ballot Rules

From the Federal Register: The Postal Service is proposing to amend the Mailing Standards of the United States Postal Service, Domestic Mail Manual (DMM), regarding the [...]
New Mail.dat Postal Software Replaces Legacy Systems

Lowers Costs while supporting both DTAC Mail.dat and Mail.XML eDoc standards AIMSplus™ is for commercial mailers who are still using desktop-based post presort tools to [...]
USPS Parcel Dimensioning Compliance with Prism System

Starting July 12, 2026, USPS will require commercial mailers to provide accurate parcel dimensions in shipping manifests for shipments. The change is part of USPS’s broader [...]
Drop Shipment Updates for July 12 Price Change

In conjunction with the price change occurring on July 12, 2026, Plant-Verified Drop Shipment (PVDS) mailings will be verified and accepted as follows: Current Prices — [...]
Professional Certification Opportunities at MAILCOM 2026

MAILCOM certification and management certificate programs take your achievements and raise them to the professional standard of the industry. All programs are Board certified [...]
Intelligent Document Processing Reduces Costs, Complexity

Enterprises and government agencies are burdened by the need to ensure every communication is accurate, compliant, and accessible. The challenge lies in producing these [...]
The Importance of Regular Maintenance for Mailing Equipment

Mailing equipment is crucial in businesses with logistics, fulfillment, or stationery-related operations. Unfortunately, maintenance often takes a backseat, leading to [...]
Smarter, Faster Automation is Building a Stronger Post

A new generation of automated sorters is helping reshape USPS operations By Gary ReblinChief Technology Officer and EVPUnited States Postal Service Eighty-eight million [...]
UPDATED: USPS July 2026 Rate Hike Release Notes

Issued May 29, 2026: On Sunday, June 28, 2026, the United States Postal Service will implement the following software change(s): PostalOne! System Release 64.0.0.0 Facility [...]
Changes to USPS Dimensional (DIM) Weight Calculation In July

Effective July 12, 2026, the U.S. Postal Service will implement updates to how dimensional (DIM) weight is calculated for competitive shipping services. These updates are [...]
Resumption Notices For International Service, Diplomatic Mail

The United States Postal Service resumed acceptance of mail destined to the following: Iraq, Israel, Russia and Venezuela. These service disruptions affected Priority Mail [...]