CGX's M&A Criteria -- Wanted: Industry Leaders

Family Owned Businesses

Many of the companies that we buy are multi-generational family businesses, so Hennegan's history was something we could appreciate and understand. In my initial discussions with the Otts, I became even more interested as it became clear that they were committed to participating in Hennegan's future after the transaction was completed. Today, almost two years after the acquisition, not only is the fourth generation still leading the company, but the third generation (Bob Ott Sr., who is 85 years old) still works full-time and sells several million dollars worth of print.