Credit Suisse First Boston, JP Morgan Chase Bank, LBI Group and DK Acquisition Partners jointly own the new company, Goss International.
Goss Graphic Systems director of marketing David Stamp said that while the news had no bearing on Goss UK activities, it was a fillip for the Goss brand.
"It means that US activities are lifted from the constraints of Chapter 11. It has also cleared a cloud that was blocking the sun in the US operations there can now go forward," said Stamp.
Although no figures have yet been released detailing the extent of capital raised, it was expected that Goss International would receive an injection of 39.4m ($50m).
Have your say in the Printweek Poll
Related stories
Latest comments
"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
Up next...
Xerox reinvention continues
Xerox to acquire Lexmark in $1.5bn A4 colour printing move
Moves to Brighouse
The Flow Group buys Modern Bookbinders, saving 94-year-old firm
Festive coverage
Wishing our wonderful readers a merry Christmas and happy New Year
Enables print up to 3.2m wide