Midsummer Lull Ends With New Flurry of Activity

"For Mack, this represents their first major acquisition following a recapitalization in 1997," notes Gregg Feinstein, a principal at the New York-based financial services firm of Berenson Minella & Co., which advised Perry Judd's in the deal.

"For Perry Judd's, this was a logical move that will allow them to dedicate all their management time and financial resources to their core publication and catalog segments," Feinstein adds.