YEAR IN REVIEW - Is M&A Now DOA?

Are the milk and honey days of consolidation in the past? Harris DeWese, chairman of Compass Capital Partners, an investment banking and valuation services provider to the printing industry, sees the landscape changing.

“The year 2001 will be another lean, albeit interesting, year in printing industry M&A activity,” DeWese contends. “Values will continue to be down and there will be very few active buyers. We expect that deals in 2001 will be more strategic and creative. We also expect some buyers to emerge from among the private equity firms.”