Printing Company

Company Overview


The Company is a direct mail and business forms printer with five plants located across the United States. The Company provides sophisticated direct mail and business forms printing, letter shop, personalization and data management services.

Fort Dearborn had previously worked with the business to improve profitability and provided strategic planning services.


Engagement Overview
•  The Company has been successful throughout the industry’s growth phase but encountered difficult challenges as their industry matured with pricing pressures and declining operating margins.

•  While previously working with the Company’s management team, Fort Dearborn developed a business plan to reduce operating expenses, implement targeted price increases and returned the Company to profitability.

•  Once the Company had improved its capital availability it had begun evaluating acquisition opportunities and retained Fort Dearborn to assist in the process.

•  Fort Dearborn  performed many roles to assist the Company throughout the acquisition process including:
•  Advised management on valuation and deal structure
•  Advised on negotiations on the transaction
•  Prepared a financial forecast for valuation and financing purposes
•  Conducted financial due diligence
•  Reviewed and negotiated the asset purchase agreement
Results
•  Fort Dearborn Partners served as exclusive financial advisor for the acquisition of the business.

•  The Company was successful in the integration of the administrative functions of the acquired business and profitably maintained the business as a separate operating facility.