Compass Report--The State of M&A

The compelling economics of printing industry consolidation will prevail. Eventually, smart people will figure out how to capitalize on the economies of scale; manage what they acquire; and consolidate the industry in a more orderly fashion.

In addition, those consolidators that are already on the right track with multiple product platforms aimed at the print needs of national accounts will learn how to market themselves and cross-sell. This, we predict, will begin to happen well before 2005.