DTG2Go, a wholly-owned subsidiary of Top 40 supplier Delta Apparel (asi/49172), has acquired substantially all the assets of Silk Screen Ink, Ltd. for $12 million in a deal executives say will increase the acquiring firm’s digital print capacity and expand one-to-two day shipping. With locations listed in Denver, CO and Storm Lake, IA, Silk Screen Ink, Ltd. is a digital print provider that does business as SSI Digital Print Services.

According to Delta Apparel, the acquisition will increase fiscal 2019 revenue by approximately $15 million, while being immediately accretive to diluted earnings per share.

Deborah H. Merrill, Delta Apparel’s president and chief financial officer, said bringing SSI aboard bolsters digital print capabilities and enhances DTG2Go’s strategic footprint so that it now serves more than 90% of the U.S. population with one-to-two-day shipping. Relatedly, Merrill said that the acquisition strengthens Delta Apparel’s position as a leader in the on-demand, digital imprinting space.

“We believe the on-demand market is in a rapid growth stage and we are committed to being the leading digital print and fulfillment service provider in this evolving industry, Merrill said.

Jay Butterfield, the hitherto owner of SSI Digital Print Services, anticipates a mutually beneficial partnership with DTG2Go. “We have known the leadership team of DTG2Go for a long time and have always admired the innovative business model they operate,” said Butterfield. “I am pleased that the SSI team is now a part of DTG2Go, and believe the transaction provides great synergies for the company, our customers and our employees.”

Delta Apparel said it would provide more insight on the acquisition during its fourth quarter/fiscal 2018 year-end conference call scheduled for Nov. 15.

With reported 2017 North American promotional product revenue of $46.2 million, Greenville, SC-based Delta Apparel ranked 35^th on Counselor’s most recent list of the largest suppliers in the industry.