The private equity firm has bought Richard Harsher, a bookbinding and short-run print firm. Like its earlier acquisition, Borcombe SP, the firm is based in Romsey, Hampshire (PrintWeek, 9 February).

Production director Paul Quinn has been appointed managing director, while Media & Print Investments managing director Mike Dolan will become chairman of Richard Harsher. Current owner and managing director Richard Harsher will retire.

"The acquisition provides us with a long established and well respected business that operates in a niche sector," said Dolan.

He added that the firm was also close to completing its third print deal and that since the acquisition of Borcombe he had been approached by other print firms looking to sell.