New Direction Partners

Why Selling a Business Doesn't Mean Leaving it Behind
August 14, 2017 at 9:09 am

At New Direction Partners, we often advise selling owners of printing businesses to be prepared to stay on in one role or another after the transaction closes. Because keeping a hand in the business at the new owner’s request is a given in so many deals, it’s helpful to have some idea of what the responsibility is going to entail.

Geographic Expansion: Being Two Places at Once
June 28, 2017 at 11:21 am

Sooner or later, a printing business doing well where it was born will start to think about planting its flag someplace else. To expand geographically, a firm can either acquire a company in a distant region as a going concern or merge with it to form a consolidated, but dual-location, entity.

Fair to Middling to Marvelous
June 20, 2017 at 8:47 am

Not all that long ago, it seemed that investors seeking middle-market opportunities wanted to look at anything but printing. This, happily, has changed, and for the last several years, middle-market investors have shown that they now regard acquiring profitable, well-run printing and packaging companies as a smart play.

For Sellers, There's No Time Like the Present
May 26, 2017 at 8:50 am

Even if you're at the peak of your career as a printing company owner, and the decision to sell your printing business is years away, there's no time like the present to account for the necessary steps to be ready for the sales process.

Five Red Flags for Sell-It-Yourselfers
May 15, 2017 at 9:30 am

As the former president of a Printing Industries of America regional affiliate, I had the good fortune to work with many smart and successful owners of thriving printing businesses. I had the greatest respect for their abilities, but then as now, there is one thing that I would never have recommended that they attempt: selling their companies without professional representation and advisement.

When It's Time, It's Time
April 28, 2017 at 12:50 pm

If, as the owner of a printing company, you suddenly decided to stop showing up for work, could the business carry on without you?

Keys to Your Succession Plan
April 17, 2017 at 2:48 pm

Do you, as the owner of a printing business, have a plan for no longer being the owner of that business?

When Completing an Acquisition, Circle Back, then Move Ahead
April 11, 2017 at 1:38 pm

You've finally made it to the point in an acquisition where you can sit down with the seller and close the deal. This is the point at which we always urge our buying clients to pause, take a breath, and circle back to the essentials of the transaction.

In Diplomacy, Trust, But Verify
April 3, 2017 at 9:53 am

In diplomacy, the motto for negotiators and peacemakers is “Trust, but verify.” The advice applies to M&A transactions between printing companies as well. Get the facts, confirm the understandings and be open about everything that the process discloses.

Everything's Negotiable — Are You?
March 17, 2017 at 9:01 am

Negotiation is the most critical step in our six-stage journey toward a deal — the phase in which the transaction either comes together as the negotiators want it to or falls apart because their efforts have worn them out.