Ready to Sell or Not—Not!
It’s been a long road to get here, but we’ve finally arrived at a point where we can state it for the record: M&A opportunities for printing and packaging businesses are better than they’ve been in years.
EBITDA multiples—a key determinant of a company’s selling price—now range from three to five for commercial printing businesses and from six to seven-plus for packaging printers. These are big gains from where the multiples stood just 18 months ago. We’re also seeing fresh interest on the part of individual and corporate equity players who previously steered clear of any investment linked to printing.
Frank D. Steenburgh, partner at New Direction Partners, brings over 45 years of industry experience, including the past 30 years in digital and is internationally recognized as an expert in digital printing and publishing. His experience includes corporate officer at Xerox and president of Indigo’s Americas operations. Frank’s value includes a wealth of global industry contacts, a proven track record in development and implementation of business strategies that drive revenue/profit growth and a deep understanding of horizontal and vertical markets. Contact him at (610) 230-0635, ext. 709.