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GPA Global Emerges as Packaging Consolidator – December 2021 M&A Activity
As printing industry consolidators grow, merge, fail, sell out, or otherwise exit the playing field for the acquisition of lower middle market and family-owned companies, new smaller consolidators rise...
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CCL Industries Breaks the Rules – January 2022 M&A Activity
It is somewhat axiomatic that a large company needs to complete bigger and bigger transactions in order to move the needle on its own revenues and bottom-line profits. CCL Industries, the Canadian...
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Printing Papers Get Squeezed Out – February 2022 M&A Activity
A refrain is now heard throughout the printing industry; paper supplies are very tight, allocations limit the ability to take on new customers, discounts and rebates are a thing of the past, shipments...
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Label Roll-Ups are Red Hot; Are Folding Cartons Next? – March 2022 M&A Activity
Merger and acquisition activity in the label and flexible packaging printing and converting segments has been on fire, with several PE-backed roll-ups competing to pick up family-owned and managed...
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When Does Customer Concentration Become an Advantage? – April 2022 M&A Activity
One of the more pernicious characteristics of many printing companies is the reliance on one or two customers that become the majority source of revenue. A loyal key customer can be the lifeline when a...
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Paper Industry in Transition – May 2022 M&A Activity
Paper-based Industries are in FluxAs a result of the changes occurring in the paper industry, many printing and packaging companies are struggling to procure the paper they need, the grades they...
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Commercial Print Awakes from M&A Slumber – June 2022 M&A Activity
Commercial Print M&A Activity Falls During Covid PeriodIn the three years leading up to the pandemic that broke out in early 2020, M&A activity in the commercial printing segment, as we define...
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Cenveo Returns to its Roots – July 2022 M&A Activity
Good Times in the Envelope BusinessIn what appears to be a positive end to a long and tortuous road, the management team of Cenveo has completed a management buyout of the company. The Burton family,...
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The Target Report Annual Review – August 2022 TTM M&A Activity
As readers of The Target Report know, we view the printing, packaging, and related industries from the perspective of M&A transactional activity. Over the past eleven years, we have chronicled,...
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Private Equity Pieces Together Print & Packaging – September 2022 M&A Activity
The consolidation of the printing and packaging industry continues to pick up momentum as new financial players enter the field. The new contenders, mostly private equity firms with backing from...
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Direct Mail Providers Stretch Out – October 2022 M&A Activity
Postage rate increases now occur with a regularity that many wish would apply to the delivery service itself. Concurrent with rate increases, the US Postal Service issued new service standards a year...
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Specialty Products Take Center Stage – November 2022 M&A Activity
The trend toward specialization in the broadly-defined graphic communication industries is clearly evidenced by recent M&A transactions. Fewer companies are trading hands that would be considered...
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Private Equity Feeds Industry Growth – December 2022 M&A Activity
Not a month goes by in which private equity does not have a significant impact on the printing, packaging, and graphic communication businesses. The smart money keeps on coming, as fund after fund...
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The Box is Back – January 2023 M&A Activity
The simple box. We predicted it would happen. The market for box manufacturing has heated up and in the most recent month the purchase of box printing companies has outpaced the number of deals...
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Duking it Out in the Label Business – February 2023 M&A Activity
Packaging deals have eclipsed transactions in all other segments of the printing and related industries for the past three years. That shows no sign of letting up. The temporary dominance in...
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Crisp Imaging Adds to West Coast Network; and more…
It was the smell that offended. It assaulted your senses. It emanated from the far end of the prep department, in the back, behind the large horizontal camera, by the plate exposure frames. This was...
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Sudden Drop-Off – April 2023 M&A Activity
One Month Does Not Make a Trend Deal activity fell off a cliff in April. The sudden drop off begs the question: are we heading into deeper turbulent waters? Is the dramatic decrease indicative of a...
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The Party is Over at Vice Media, and Why it Matters – May 2023 M&A Activity
Vice Media Group Files for Bankruptcy Digital media upstart, darling, and enfant terrible Vice Media filed for Chapter 11 bankruptcy protection on May 15th. At its height, the company was valued at...
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Stick to Your Knitting – June 2023 M&A Activity
The phrase “stick to your knitting” can be traced back to 1820 in American literature; but the concept is much older. In Greek times, Pliny the Elder noted that the “cobbler should stick to his last”...
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116 Laps Around Fenway Park, Barefoot – July 2023 M&A Activity
Reade Brower, the intrepid barefoot Hawaiian shirt-clad serial entrepreneur, announced the sale of his company’s 22 newspapers to the National Trust for Local News (NTLN). Based in Denver, Colorado,...
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