Mergers & Acquisitions
This week, Julie Greenbaum highlights industry news from Quad/Graphics (BlueSoHo Delivers Augmented Reality for Allure Magazine and Quad/Graphics Expands Custom 1:1 Direct Marketing Capabilities); OneTouchPoint and PrintManagement; Printing Industries of America (2016 Lewis Memorial Lifetime Achievement Award recipient and Ben Franklin Honor Society Inductees). Also be sure to read Printing Impressions Editor-in-Chief Mark Michelson's one-on-one interview with Jeff Jacobson, CEO of Xerox Corp.
It looked like a good fit. The seller, unfortunately, didn’t see it that way.
With the acquisition of PrintManagement, OneTouchPoint has become the largest privately owned commercial printer in Cincinnati. OneTouchPoint CEO, Chris Illman, states, "The PrintManagement acquisition further supports OneTouchPoint’s goal to be the leader in digital printing. Our national footprint and equipment mix is designed to meet customers increasing demand for personalized, variable communication with faster turn times and quick in-hand delivery."
Agfa has been approached by CompuGroup, which has indicated an interest in a potential acquisition of all of the issued shares of Agfa.
Where does a private equity firm go to sell a printing or packaging company when the time comes to exit the investment?
McKinnon Printing has joined the Traxium family of companies.
DeRoy Advertising Specialties in Monson, Mass. has been acquired by Eastern Advertising Novelty Powered by Proforma in Palmer, Mass.
As a trade association president, I knew that one of my most important jobs was to offer our members a friendly, well informed, third-party perspective on strategic business issues. Today, our New Direction Partners clients want the same thing: not just information about the mechanics of M&As, but also a genuine understanding of the industry and the mindsets of the people who own those companies.
This week Julie Greenbaum highlights industry news from LSC Communications and United Methodist Publishing House; Quad/Graphics; Great Lakes Integrated; IBS Direct and Maestro Managed Print Solutions (Maestro Media Print Solutions, an IBS Direct Company); TC Transcontinental and Flexstar Packaging; St. Joseph Communications and Bassett Direct; and Printing Impressions.