PI 400 -- M&A Activity - Acquisitions Yield To Slow Economy

Success Is Possible
In fact, Integrated Graphics and Consolidated Graphics have proven that roll-ups of printing companies can make money, grow and succeed. Integrated Graphics, a privately held company, is performing well, I am told. It is a New York market roll-up of 12 companies. It has superb management in Robert Kashan and has the largest market share in the largest graphic arts market in the world. Integrated sales are estimated at $200 million.