Business Management - M&A

In response to a revised proposal from affiliates of Atlas Holdings, Chatham Asset Management has increased its offer to acquire RRD.

RRD has accepted a revised proposal from Atlas Holdings to increase the price of their pending acquisition to $10.35 per share.

You’ve heard print is dead. Why then did two private equity firms, both invested in print and paper, bid up the share price of RRD?

Our client is a multi‐national firm seeking to purchase an adhesive manufacturer in the U.S. The adhesive manufacturer should service the printing, packaging and paper converting markets and preferably be between $5 million to $30 million in sales. Our client’s strategy is to purchase a company with a committed team to support its strategy of…

Our client is interested in acquiring print and/or a marketing service providers (MSP) with strong digital and mailing capabilities and located within 200 miles of Indianapolis IN. The ideal firm would have sales between $4M ‐ $10M. Contact: Jim Russell at 248‐891‐6992 or JRussell@NewDirectionPartners.com

Client seeks to purchase digital printers and direct mail/mailing firms located within 150 miles of New York City. The ideal target will be profitable with revenues in excess of $8.5 million. Contact: Peter Schaefer @ PSchaefer@NewDirectionPartners.com or by phone at 610‐935‐1000.

Our client specializes in working with multi‐location companies and franchisors in providing a broad variety of marketing material. The Company offers offset, ditial and wide format printing along with graphic design and extensive direct mail capabilities. Total revenue in FY2021 was approximately $4.2M and it employs 29 individuals. The majority of its customers are located…

Our client provides turnkey print solutions; E‐Commerce and fulfillment, Direct mail services and data management. This firm has 2021 projected revenue (print/postage) of approximately $4.2M; EBITDA ‐ $162K. The Company's owner wishes to find a strategic buyer who can provide additional capabilities and capacity. The owner would like to remain with the acquiring company in…

With its multi-state locations, Tri-State Envelope has the capacity to manufacture 20 million envelopes per day.

On this episode of The Week that Was, the board of RRD has accepted Chatham Asset Management's proposal of $10.25 per share in cash; a recent print article explores the state of M&A within the printing industry; and Bill Farquharson recounts the lessons to learn from a recent scary experience.