If you own a printing business, you should be in either a selling or a buying frame of mind - even if you have no present intention of doing either. These days, understanding M&A basics is smart thinking for every owner.
"Rarely does a day go by, it seems,” wrote Printing Impressions Editor-in-Chief Mark Michelson in a recent commentary, “that I don’t hear of at least one printing industry M&A transaction.” There’s a reason why they keep popping up on his radar.
Mergers and acquisitions may not be the heartbeat of the industry, but they supply a lot of its nervous energy - the dynamic churning that reinvents growing companies, sunsets those at the ends of their life cycles and helps the industry adapt as it must to the omnichannel environment that every printing company is learning how to do business in.
No one follows the state of printing industry M&As more closely than the consultancies Graphic Arts Advisors (GAA) and New Direction Partners (NDP), both of which have been instrumental in noteworthy recent deals. Their principals see sustained vigor in the market for M&A transactions.