#United States #TPM #Greenville #ColorLab #Dustin Batson

TPM Announces Management-Led Sale of ColorLab

In a significant move for both companies, TPM has confirmed that it has completed the sale of ColorLab through a management-led acquisition. Longstanding Vice President of ColorLab, Dustin Batson, has taken ownership of the company and will continue to lead it alongside the existing team. This transition is supported by Cowart Awards, a respected partner in the Greenville area that has long collaborated with TPM, ensuring a stable environment for ColorLab's future endeavors.

This acquisition is part of TPM's strategic long-term vision, enabling the company to focus on investing in emerging technologies and software solutions that will enhance its operations and offerings. The sale presents a unique opportunity for ColorLab to maintain its momentum and further its growth under the leadership of Batson, a key figure in the company’s success story thus far.

For customers, it's said to be business as usual, with no disruption in service or production capabilities. All existing projects, billing processes, and operations will carry on seamlessly, promising a smooth transition despite the change in ownership. This stability is essential to continue the high-quality service that clients have come to expect from ColorLab.

Chris Fay, President of TPM, expressed his confidence in Batson’s leadership capabilities, stating that the people behind ColorLab have been instrumental in its success.