Why are more printing companies considering mergers and acquisitions as part of their growth plan? Can’t you just stick to the tried-and-true method of organic growth, building your printing company one customer at a time?
You can, but be forewarned: The dizzying rate at which change is occurring now enables investors to either buy a company or purchase the necessary resources or assets to grow a profitable and competitive business.
In other words, if an investor has the capital, there’s little stopping him from growing a business like yours, and growing quickly.
How mergers and acquisitions help preserve your competitive edge
Successful mergers and acquisitions are based on the concept of 1+1=3. By merging two companies, your respective strengths equal a value far greater than could be achieved alone. The benefits can be enormous, providing you immediate access to:
- New talent: Talent is the hardest commodity to find these days. A merger and acquisition can help you discover great talent, quickly and effectively.
- New geographic territories: It’s extremely difficult to open up new territories. A merger with a complementary business can help you quickly access a new profitable region.
- New business niches: If there’s a hot new market, you can’t afford to sit back and wait while a competitor takes market share. An M & A with the right partner can give you access into a new niche.
- New capabilities – technologies, equipment, and innovation: Why buy new when you can merge with a partner who already owns what you’re looking for?
- New efficiencies: You may be able to realize cost reduction and an improved return on investment through consolidating processes, sharing talent, and opening up your customer bases for cross-selling opportunities.
Sounds great, but how can you get in the game? Doesn’t a merger and acquisition process require a sophisticated team of experts, and deep pockets to pay a business broker? Perhaps in the past, that might have been true. But Rock LaManna offers a revolutionary approach.
With the advances in technology, particularly on the communication front, it’s easier than ever for an expert like Rock LaManna to coach you through an M & A transaction with his S3 Process.
Mergers and acquisitions for small to mid-sized printing companies
For printing owners who have little fear of a new endeavor, the chance to steer the effort is appealing, as long as they have an expert to lead them in a coaching role. Using the S3 Process, Rock will guide you through the entire process, keeping you in the driver’s seat as you search for a synergistic relationship.
Learn more about how the S3 Process will help you with your own merger and acquisition.