Colville Helps CGX Compete On M&A Circuit --Cagle
April can mean only one thing...spring is here. And the fancy of young men everywhere is captivated. It's a giddy excitement expressed as a certain fragrance, a knowing glance, obvious body signals and curves that leave your jaws hanging open. You wonder if you could make it to first base, given the opportunity.
After all, you have all the right moves down; you know what the other person is thinking. You're good with your hands and quick on your feet. You've played this game before and know a thing or two about how it's done. There's no way you can lose.
Love is in the air.
There's only one thing I'm talking about, baby!
That's right; it's baseball season.
The smell of popcorn, hot dogs, stogies and watered-down $5 Solo cups of beer fill the air. The pitcher peers in at his catcher, shakes off a sign, wheels and deals. The batter, having adjusted everything on his person (except the attitude) takes a mighty swing and that familiar crack rings through the bleachers. It's a rite of spring, and a time of year when optimism is everywhere.
As the calendar year turned to March, one of the leading commercial printers in the consolidation business acquired a proven performer to strengthen its upper management team for the upcoming season and beyond. Chris Colville doesn't swing a bat; he's probably more comfortable using a pen and legal pad. But as was the case when the New York Yankees signed first baseman Jason Giambi, Consolidated Graphics (CGX) brought Colville back to the fold, expecting him to post some big numbers.
Here's a pair that would look sweet on the back of any trading card: 50 and 500. The first is the number of transactions he completed during his initial six-year term with CGX from 1994 to 2000. The second is the combined annual revenues, in millions, of the acquired companies, the equivalent of two Alex Rodriguez salaries.