Mark Hahn and Mitch Evans, my partners at Graphic Arts
Advisors, LLC, continue to see M&A opportunities for growth-minded firms to
expand within the printing and graphic communications industry landscape. Eyebrows
may be raised when we mention book printing in this conversation, but daily operational
pressures (shorter run lengths, demanding turnaround times, and increasingly
complex finishing and logistics issues) add up to making owners more receptive
to joining forces with a compatible partner or with a larger, stronger organization.
The underlying viability of book printing supports the view that this segment
remains ripe for strategic M&A. Book printing has shown surprising
resiliency. An article in NY Times (May 27, 2019) examines valid reasons why
printed books aren’t becoming extinct; ironically, the article is worthwhile
reading whether in printed or digital form.
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