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MargolisBecker and New Direction Partners Join Forces to Better Assist Printers in Improving Financial and Operational Performance to Realize Optimal Shareholder Value 

CONSHOHOCKEN, PA and BERWYN, PA August 27, 2009 – Two of the most influential financial firms serving the printing industry announce their partnership to help clients improve performance and create and realize shareholder value. MargolisBecker and New Direction Partners today announced a long-term relationship to provide printers with accounting services, tax and estate planning, representation of buyers or selling shareholders, valuation services, cashless merger advisory services, refinancing, fund raising and turnaround and restructuring consulting. 

Comprehensive financial advisory services of this magnitude are not commonly available to small to mid-sized companies. Both firms have a long record of success at performing in complex, difficult and even adversarial situations. With decades of industry-specific experience behind them, the partners have addressed most financial and operational challenges and pitfalls experienced today. Most recently, they assisted a client with operational improvements to realize a 5% increase in sales. 

“As the industry’s premier business advisor and accountant, MargolisBecker, has achieved longstanding success in helping companies improve financial performance, increase EBITDA and combat complex tax situations. Coupling that with New Direction’s proven ability to find synergistic opportunities for buyers and sellers, close negotiations, and finalize deals provides the most comprehensive team of growth advisors available in the graphic arts.” Peter Schaefer, Partner, New Direction Partners. 

Printing firms of all stages of growth have unprecedented potential to improve financial strength through this collaboration. 

“For printers poised to grow, our team can help maximize opportunities, capitalize on strengths of current operations, acquire capacity or expand into new niches and ancillary service areas.” Stuart Margolis, Partner, MargolisBecker. “In cases of financial vulnerability and distress, we can help improve financial position to survive, thrive or sell.” 

Opportunities reach far beyond traditional growth solutions. 

“Many companies find they need to improve performance in these difficult times or in anticipation of being sold. Partnering with a team of experts in tax, turnaround and profit planning allows us to offer those services. Paul Reilly, Partner, New Direction Partners. “Upon completion of a negotiation, financial and tax ramifications for buyers can be fully addressed as well.” 

The team offers peace of mind to printers and industry leaders. “Printers are excited to see the continuity of service provided. They are comforted in knowing that we will stand with them through a merger and be there as accounting, tax and strategic advisor when the dust settles.” Joe Becker, MargolisBecker 

“Many times industry associations need a place to turn when a printer calls wanting to acquire or consolidate but not knowing how to analyze options. Our partnership offers the full array of services necessary to make careful decisions.” Bart Krupnick, Partner, MargolisBecker. 

Measures can be taken to help the printer in distress too. 

Krupnick affirmed the team’s position, “Most of our industry is privately held or family owned. Employers care about what happens to the company and employees after a restructure, merger or sale. Evaluating options and finding solutions can be daunting. We are prepared to help before, during and after change happens--because we’ve been there.” 

Together the firms have offices in the following areas: Philadelphia, PA, Washington, DC, Denver, CO, Atlanta, GA and Detroit, MI. 

This partnership will market investment banking services under the New Direction Partners brand and accounting, tax and auditing services under the MargolisBecker brand. For a confidential discussion with a partner of MargolisBecker call 888.577.1717 or New Direction Partners at 610.230.0635. 

About MargolisBecker 

MargolisBecker has long been recognized as the financial expert for the printing and graphic communications industry, assisting thousands of companies with strategic and financial management, valuation, accounting, audit and tax services. The firm is noted for its expertise in enabling printing companies to optimize profits. Proudly, it is the purveyor of the industry’s Cash is King, and Value-Added Principles of Management, and compiles the annual PIA Ratios, the industry’s premier benchmarking tool. 

Additional information about MargolisBecker is available at www.MargolisBecker.com or 888.577.1717. 

About New Direction Partners 

The team at New Direction Partners LLC has guided over 200 printing company owners through the sales and merger process. The advisory services reflect a full set of skills to help you sell or expand your business: valuation, management consulting, financial advisory and investment banking. The deep experience and industry expertise at New Direction makes it uniquely suited to serve printing, packaging and allied graphic arts businesses. Additional information about New Direction Partners is available at 610.230.0635.