Consolidation--The Ties That Bind?

He adds that M&A activity has been beneficial for the industry on the whole for a number of reasons. The transactions have attracted large amounts of capital to the industry; public and private investors are interested and view the graphic arts industry as a platform for growth through acquisition.

Feinstein also believes the activity attracts additional quality senior managers to the business. It is easier to attract senior-level talent to any industry, he argues, when that industry is growing and presents an opportunity for enhanced growth and profitability through acquisitions.