Family-owned Bassett Printing Completes Ownership Succession with NAPL's Assistance

Bassett Printing is one of approximately 30,000 privately owned print and graphic communications businesses in the United States. It is estimated that roughly half of these businesses are experiencing or will face some form of intergenerational or succession planning issue. “The percentage that successfully transfers ownership from one generation to the next is low,” commented Hyde, who has nearly 20 years experience helping owners of printing companies and other graphic communications firms implement successful restructurings, mergers, acquisitions, and other strategic initiatives.