The Target Report Releases September Deals, Court Filings, Closures (Includes Chart)
American Express indicated that the same trend, increasing e-delivery of its monthly statements, was behind its announcement to close its in-plant facility in Weston, FL. American Express will now outsource its declining volume of statements delivered via U.S. mail.
Ennis continued its steady beat of acquisitions of printers that manufacturer specialty products, purchasing Folder Express in Omaha, NE, and picking up the Custom Envelope Division from Cenveo. In the strategic choices available to commercial printers, product specialization, customer selectivity or service diversification, Ennis appears to clearly be driving growth by finding and investing in specialty product niches, now having appeared on our deal log five times in the past two years, with the three previous transactions all focused on printed forms and related product specialties.
Mark Hahn is a managing director and founder of Graphic Arts Advisors, a boutique strategic financial advisory and consulting firm focused exclusively on the printing, packaging, mailing, marketing services, brand management, and related graphic communications industries. With more than 35 years of graphic communications experience in the areas of finance, operations, sales, M&A, and general management, Hahn has served as chief financial officer, chief operating officer and other senior positions with several commercial printing companies, as well as founding and eventually selling his own printing company.The firm assists company owners and management, as well as their lenders, investors and shareholders in the following areas: mergers and acquisitions, sale of business, strategic and financial advisory, capital structure and funding, financial analysis, interim and turnaround C-level management, business valuations and serving as consulting experts. Hahn is the author of The Target Report and is regularly published and quoted in printing industry trade and management journals. Mark Hahn can be reached at (973) 588-7399 or mark@graphicartsadvisors.com