Industry Update: Commercial Printing
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Commercial Printing industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Industry Highlights
- On June 30, 2021, Mullen Group Ltd. announced that it signed a definitive agreement and closed the acquisition of QuadExpress, the non-asset based third party logistics provider business of Quad/Graphics, Inc. for $40.0 million USD on a cash free, debt free basis before working capital adjustments. QuadExpress, headquartered in Naperville, Illinois, is a service provider focused on freight brokerage services across multiple modes of transportation.
- On June 2, 2021, Ennis, Inc., which is primarily engaged in the production and sale of business forms and other business products, announced its acquisition of the assets and business from AmeriPrint Corporation in Harvard, Illinois. AmeriPrint Corporation is a trade printer specializing in custom-printed documents, barcoding, integrated products, and business forms.
