Peter Schaefer, a partner at New Direction Partners (NDP), discusses the NDP Stock Price Index.
Recently, New Direction Partners spoke with a group of investors about structuring a multi-company transaction. It’s a conversation we wouldn't have expected to be having on behalf of printing firms just a few years ago.
Do you, as the owner of a printing business, have a plan for no longer being the owner of that business?
At New Direction Partners, we have found that closing a deal is almost always the culmination of a number of steps—six, to be precise.
In our recent webinar, we were happy to report that the pace of dealmaking in the industry remains strong.
If you’ve been clocking mergers and acquisitions in the printing industry this year, you’ve had plenty to keep you busy. The fast pace of transactions in 2016 tells us that the market is sound and that many looking for opportunities to buy or sell have had little difficulty in locating them.
Let’s review some headline-making deals to see what they tell us about valuation trends and growth strategies.
Today is a great time to be a seller. It’s also a great time to be a buyer.
New Direction Partners compiles two charts that are published quarterly in Printing Impressions and packagePRINTING: the NDP Printing And Packaging EBITDA Trend Chart, and the NDP Printing And Packaging Stock Index. For now, let’s review the trend in EBITDA multiples for the two industry segments during the second quarter of 2015.
Paul Reilly and Peter Schaefer, partners at New Direction Partners, discuss why succession planning should start early.
M&A activity has picked up in every year since 2009, and that there’s every reason to believe the forward momentum will stay strong.
The New Direction Partners’ Printing and Packaging Stock Index was compiled by Peter Schaefer, partner at New Direction Partners.
One of the most useful research tools we have at New Direction Partners is our printing and packaging stock index. With it, we track the stock price performance of nine printing companies and the seven top packaging companies from 2006 to the current date. We then can compare trends in the two segments with what has been happening on a more macroeconomic level by looking at them next to the Dow Jones Industrial Average (DJIA) and the S&P 500 Index.
It’s refreshing to be able to talk about M&As in the context of market expansion after a prolonged spell in contraction mode. How long the good times will stay good, no one can predict. But, it’s easier to foresee success for owners who understand that they will never have a better moment than the present one to seize the M&A opportunities that finally have come their way.
If you have reached a decision to sell, don’t delay setting the process in motion. If selling isn’t yet a step you’re ready to take, keep building your business in ways that will bring you to the attention of the private equity players. They’re attracted to companies that show they aren’t afraid to make the investments that set them apart as leaders of the positive change the industry is undergoing.