M&A Report: Cimpress Hits a Double with Global Acquisition Strategy
Cimpress, parent company of Vistaprint, continued to expand its market into additional countries by acquiring Web-to-print companies that serve those countries in their native language. The company moved into France early in March with its acquisition of Exagroup.
In what appears to be a departure from Vistaprint’s primary strategy in the United States of selling directly to small businesses, the acquired company exclusively serves clients through a network of resellers through its online platform and white-labeled Web-based store fronts.
Mark Hahn is a managing director and founder of Graphic Arts Advisors, a boutique strategic financial advisory and consulting firm focused exclusively on the printing, packaging, mailing, marketing services, brand management, and related graphic communications industries. With more than 35 years of graphic communications experience in the areas of finance, operations, sales, M&A, and general management, Hahn has served as chief financial officer, chief operating officer and other senior positions with several commercial printing companies, as well as founding and eventually selling his own printing company.The firm assists company owners and management, as well as their lenders, investors and shareholders in the following areas: mergers and acquisitions, sale of business, strategic and financial advisory, capital structure and funding, financial analysis, interim and turnaround C-level management, business valuations and serving as consulting experts. Hahn is the author of The Target Report and is regularly published and quoted in printing industry trade and management journals. Mark Hahn can be reached at (973) 588-7399 or mark@graphicartsadvisors.com
