Rollin’ Rollin’ Rollin’ - November 2015 M&A Activity

Rawhide... by The Blues Brothers (click here for the song while reading)

Call it a roll-up; strategic add-ons, or platform bolt-ons – by any name you give it, M&A activity is brisk as companies build specialty printing companies with scale and geographic diversity. In the packaging segment, Pharmaceutic Litho & Label, a California-based insert and label printing company, acquired east-coast Plymouth Printing. With plants in New Jersey and North Carolina, the acquired company has been laser-focused on the pharmaceutical insert and label market for almost 90 years. As a portfolio company of Saugatuck Capital since October 2014 (see The Target Report – October 2014, the Pharmaceutic platform has now established a stake in the competitive territory for pharmaceutical inserts and labels. With the additional backing and participation of mezzanine fund Ironwood Capital, we won’t be surprised to see Saugatuck continue to roll this one up.