Launch of Website to Provide Printing Industry Executives a Source for Merger and Acquisition
Information
Lexington, KY and Berwyn, PA, June 9, 2009: WhatTheyThink, the provider of online
graphic arts news and market intelligence, and New Direction Partners, the leading
investment banking and financial advisory firm serving the printing industry, jointly
announced today that their two firms have partnered together to create an online
community for printing executives dedicated to merger and acquisition (M&A) content.
Today, the website officially launches on WhatTheyThink’s homepage, www.whattheythink.com.
The new website serves as an M&A Clearinghouse in that it will include a listing of firms
for sale as well as firms seeking acquisitions. It also provides printing executives the ability to
research and discuss investment banking topics and include related press releases, a log of
printing M&A transactions, articles on M&A trends and a blog for M&A discussion.
WhatTheyThink and New Direction Partners are working with printing industry
associations to better support members in implementing their M&A strategies by assisting
members in listing firms on the new website. To date, New Direction Partners has executed
referral contracts with the Printing Industries of New England, Printing Association of Florida,
Printing & Graphics Association MidAtlantic, Printing Industries Alliance Printing Industries of
Michigan and Printing & Imaging Association Mountain States. Two other associations have
verbally committed to the partnership and many others are considering joining as well.
WhatTheyThink Chief Executive Officer Randy Davidson said “Merger and Acquisition
topics are of great interest to our readers and we have partnered with the leaders in this
field. Our online M&A community has been designed to be the ‘go to place’ for printing
executives to learn about and discuss M&A topics.”
Peter Schaefer, Partner at New Direction Partners, added that, “Today the printing
Merger and Acquisition market is very active and different than it was even six months ago.
The challenging economy and tight credit markets have not stopped the pace of M&A
activity, and we have seen many deals occurring in 2009. With that said, the transactions
are not the same as what we have become accustomed to in the past and this new website
is reflective of these new conditions.”
Jim Tepper, President of Printing Industries of New England, noted that “Many of our
members have been seeking a service like this for years. This program will provide our
members, regardless of their size, a method to implement their M&A strategies not previously
available.”
If you are seeking help in executing your M&A strategies, or are a printing industry
organization seeking to offer your members a worthwhile service, and wish to list on the site
or learn more about the M&A community, please visit the website at
www.whattheythink.com OR call New Direction Partners at (610) 230-0635.
About WhatTheyThink
WhatTheyThink is a member-driven Website that delivers
comprehensive industry news and market intelligence for the printing and publishing industry.
Its in-depth commentary and analysis from top industry experts is at the core of the tools and
services offered to its members. Updated on a daily basis, WhatTheyThink offers visitors and
members the most up-to-date news and information on the printing and publishing industry.
To learn more about WhatTheyThink, visit their website at www.whattheythink.com.
About New Direction Partners
New Direction Partners is an investment banking and
financial advisory services formed by Paul Reilly, Peter Schaefer, Jim Russell and Tom Williams
to serve the printing and related industries. Services include merger advisory services through
the representation of selling shareholders as well as buy side representation, valuation
services, financing and refinancing efforts, turnaround and restructuring services, and
temporary/interim management consulting.