CafePress completes $30M deal for EZ Prints
LOUISVILLE, Ky. (AP) — CafePress Inc. said Wednesday that it completed its acquisition of EZ Prints Inc. with an initial cash payment of $30 million.
Buying EZ Prints adds an online shop, where customers can upload pictures and order prints, canvases, mugs and other personalized products, to the Louisville, Ky., company's arsenal. CafePress makes personalized T-shirts, coffee mugs and other products, which can be ordered from its website.
Under the agreement, CafePress may pay up to $10 million more based on revenue growth and other performance targets.
Buying EZ Prints adds an online shop, where customers can upload pictures and order prints, canvases, mugs and other personalized products, to the Louisville, Ky., company's arsenal. CafePress makes personalized T-shirts, coffee mugs and other products, which can be ordered from its website.
Under the agreement, CafePress may pay up to $10 million more based on revenue growth and other performance targets.
