Business Management - M&A

CEO Bill Muir said trying to keep up with Wall Street’s quarterly report-sales-growth cadence made it difficult to manage the business.

EFI has entered into a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC for approximately $1.7 billion.

Blooming Color announced the acquisition of Graphics Plus, a commercial printing and marketing services company located in Lisle, Ill.

This acquisition further expands the Mittera Group’s national footprint to 10 manufacturing locations in eight states.

The purchase includes the acquisition of the Corporation’s full-service lettershop facility located in Bloomsburg, Pa.

The agreement paves the way for the development of single-pass digital printing systems for folding cartons/corrugated fiberboard.

Formed by the sale of Kodak’s Flexographic Packaging Division to Montagu, Miraclon is a global company with over 300 employees.

Now part of Montagu’s portfolio, the division operates as a standalone company known as Miraclon.

Highlights from the March M&A report include: Thomson-Shore files for protection under Chapter 11 of the US Bankruptcy Code.

New Direction Partners’ Peter Schaefer discusses current EBITDA multiple ranges for publicly-held printing and packaging companies.