Private Equity Firm Gets Banged up by Commercial Print Deal
Wellspring Capital has apparently been dented by its foray into commercial printing. Its portfolio company, Hess Print Solutions, formed by the PE firm in 2006 with the merger of two Midwest printing companies, filed for Chapter 11 bankruptcy. The filed motions include a plan for a prepackaged shotgun wedding through a 363 sale of its assets to Bang Printing.
- Companies:
- FLM Paravista
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
