Tuesday, June 7, 2011
Jim Cohen Keynote Speaker
Jim Cohen, Executive Vice President, Mergers and Acquisitions, here at Consolidated Graphics, Inc., will be the keynote speaker at this summer’s Alliance of Merger & Acquisition Advisors (AM&AA) Summer Conference to be held July 19-21 at the Hilton Chicago.
The theme of the conference is “Heating Up: M&A on the Rise,” and will focus on today’s merger and acquisition environment. There will be more than 400 attendees at the conference, including intermediaries, private equity sources, strategic and mezzanine investors, attorneys, CPAs, and other M&A professionals.
Cohen will be speaking on July 20th at 8:10 a.m, and will address why Consolidated Graphics’ approach to acquisitions is both unique and highly successful.
To read more about where Cohen will be giving his keynote presentation, visit the conference blog.
Friday, July 15, 2011
Letter of Intent Signed to Acquire RT ASSOCIATES of Chicago
Recently announced the execution of a letter of intent to acquire RT Associates out of Chicago. Read the press release below:
Consolidated Graphics Signs Letter of Intent to Acquire RT Associates, Inc.
CHICAGO, June 27, 2011 /PRNewswire via COMTEX/ -- Consolidated Graphics, Inc. (NYSE: CGX)announced today that it has entered into a letter of intent to acquire RT Associates, Inc., located in Chicago, Illinois. The transaction is expected to be completed in the next 90 days.
Founded by Bob Radzis in 1983, RT Associates has grown to become one of the most technologically sophisticated marketing services providers in the Midwest. Using six sigma lean manufacturing protocol and state-of-the-art digital technology, RT Associates offers a full suite of marketing campaign management tools as well as digital and offset printing (including large format) and fulfillment services. RT Associates has also developed a proprietary marketing program that incorporates data analytics to develop web, mobile and print based marketing strategies such as web-to-print applications as well as targeted marketing utilizing trigger based personalized URLs and QR codes.
"RT Associates is a technologically innovative company which will further expand our capabilities and footprint in the Midwest as we continue to build on our industry leading position," commented Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics. "We believe RT Associates is an attractive company that fits our proven strategic acquisition strategy."
Jim Cohen, Executive Vice President, Mergers and Acquisitions, of Consolidated Graphics added, "RT Associates is a forward thinking company that has evolved with the times to embrace solutions selling, technology and digital printing. From my experience, it is unusual to find independent printing companies that have successfully made this transition, and RT appears to have done it."
Bob Radzis stated, "Joining Consolidated Graphics will bring RT Associates new opportunities and resources that will allow RT Associates to achieve the next level of growth. We look forward to working with Consolidated Graphics to create new opportunities for our business and our employees."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, Consolidated Graphics offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.
Consolidated Graphics Signs Letter of Intent to Acquire RT Associates, Inc.
CHICAGO, June 27, 2011 /PRNewswire via COMTEX/ -- Consolidated Graphics, Inc. (NYSE: CGX)announced today that it has entered into a letter of intent to acquire RT Associates, Inc., located in Chicago, Illinois. The transaction is expected to be completed in the next 90 days.
Founded by Bob Radzis in 1983, RT Associates has grown to become one of the most technologically sophisticated marketing services providers in the Midwest. Using six sigma lean manufacturing protocol and state-of-the-art digital technology, RT Associates offers a full suite of marketing campaign management tools as well as digital and offset printing (including large format) and fulfillment services. RT Associates has also developed a proprietary marketing program that incorporates data analytics to develop web, mobile and print based marketing strategies such as web-to-print applications as well as targeted marketing utilizing trigger based personalized URLs and QR codes.
"RT Associates is a technologically innovative company which will further expand our capabilities and footprint in the Midwest as we continue to build on our industry leading position," commented Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics. "We believe RT Associates is an attractive company that fits our proven strategic acquisition strategy."
Jim Cohen, Executive Vice President, Mergers and Acquisitions, of Consolidated Graphics added, "RT Associates is a forward thinking company that has evolved with the times to embrace solutions selling, technology and digital printing. From my experience, it is unusual to find independent printing companies that have successfully made this transition, and RT appears to have done it."
Bob Radzis stated, "Joining Consolidated Graphics will bring RT Associates new opportunities and resources that will allow RT Associates to achieve the next level of growth. We look forward to working with Consolidated Graphics to create new opportunities for our business and our employees."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, Consolidated Graphics offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.
Acquisition - EGT PRINTING SOLUTIONS
Again, many apologies for the delay in posting, but we have been extremely busy evaluating acquisition opportunities and completing a few more transactions. Most recently completed acquisition is EGT Printing Solutions of Detroit, MI. See press release below.
Consolidated Graphics Acquires Certain Assets of The EGT Group, Inc.
DETROIT, May 11, 2011 /PRNewswire via COMTEX/ --
Consolidated Graphics, Inc. (NYSE: CGX) announced today that EGT Printing Solutions, a Consolidated Graphics company, has acquired certain assets of The EGT Group, headquartered in Detroit, Michigan. The EGT Group was founded in 1970 and grew to become one of the largest commercial printers in Michigan. Terms of the transaction were not disclosed. EGT Printing Solutions offers commercial and digital printing, data management, mailing and fulfillment.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, "EGT Printing Solutions is going to continue to serve EGT's customers with best in class service and state of the art solutions. With the additional resources of Consolidated Graphics, including the world's largest and most sophisticated digital printing network and leading edge technology, EGT Printing Solutions and its employees will continue to exceed every customer expectation."
Jon Strager and Michael Gonte, owners of The EGT Group, commented, "We have long admired the Consolidated Graphics business model and are excited to offer our customers all of the capabilities and solutions that Consolidated Graphics has to offer. We are looking forward to being a part of the future with EGT Printing Solutions and having the financial strength and resources of Consolidated Graphics behind us."
Jim Cohen, Executive Vice President of Mergers & Acquisitions at Consolidated Graphics, added, "The recession has made it very difficult for independent printing companies to grow on their own. Even larger companies like The EGT Group that have established reputations have faced challenges. Our strong balance sheet, 650 salespeople and cutting edge technology solutions will enable EGT Printing Solutions to be a real juggernaut in the Detroit metropolitan area."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, Consolidated Graphics offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit www.cgx.com.
Consolidated Graphics Acquires Certain Assets of The EGT Group, Inc.
DETROIT, May 11, 2011 /PRNewswire via COMTEX/ --
Consolidated Graphics, Inc. (NYSE: CGX) announced today that EGT Printing Solutions, a Consolidated Graphics company, has acquired certain assets of The EGT Group, headquartered in Detroit, Michigan. The EGT Group was founded in 1970 and grew to become one of the largest commercial printers in Michigan. Terms of the transaction were not disclosed. EGT Printing Solutions offers commercial and digital printing, data management, mailing and fulfillment.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, "EGT Printing Solutions is going to continue to serve EGT's customers with best in class service and state of the art solutions. With the additional resources of Consolidated Graphics, including the world's largest and most sophisticated digital printing network and leading edge technology, EGT Printing Solutions and its employees will continue to exceed every customer expectation."
Jon Strager and Michael Gonte, owners of The EGT Group, commented, "We have long admired the Consolidated Graphics business model and are excited to offer our customers all of the capabilities and solutions that Consolidated Graphics has to offer. We are looking forward to being a part of the future with EGT Printing Solutions and having the financial strength and resources of Consolidated Graphics behind us."
Jim Cohen, Executive Vice President of Mergers & Acquisitions at Consolidated Graphics, added, "The recession has made it very difficult for independent printing companies to grow on their own. Even larger companies like The EGT Group that have established reputations have faced challenges. Our strong balance sheet, 650 salespeople and cutting edge technology solutions will enable EGT Printing Solutions to be a real juggernaut in the Detroit metropolitan area."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, Consolidated Graphics offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit www.cgx.com.
Friday, December 31, 2010
Acquisition of Jackson Group
On December 31, 2010, CGX completed the acquisition of The Jackson Group. Please see the press release below:
Consolidated Graphics Acquires The Jackson Group
HOUSTON, Jan. 3, 2011 /PRNewswire via COMTEX/ -- Consolidated Graphics, Inc. (NYSE: CGX)announced today that it has acquired The Jackson Group, including Jackson Press, Inc. and Total Response, Inc. (together, "The Jackson Group"), headquartered in Indianapolis, Indiana. Terms of the transaction were not disclosed.
The Jackson Group was founded in 1961 by Ron Jackson initially as an art studio, but evolved into one of Indianapolis' leading full service printing, mailing, fulfillment and technology companies. The Jackson Group offers sheetfed and digital printing, extremely sophisticated fulfillment and mailing solutions as well as state of the art data analytics and online technology solutions for their customers.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, "Ron Jackson and his wife Kathy have established an impressive track record in serving their customers over the last 50 years. With the resources of Consolidated Graphics behind The Jackson Group, including the world's largest and most sophisticated digital printing network as well as our best in class technology, I expect a great future for this company."
Jim Cohen, Executive Vice President of Mergers & Acquisitions at Consolidated Graphics, added, "This was an attractive acquisition opportunity for us because Ron and Kathy had the vision to develop the business into a full service technology and marketing solutions provider, essentially a smaller version of what Consolidated Graphics offers its own customers. Increasing our existing presence in the vibrant Indianapolis market was an additional benefit."
Also commenting on the announcement, Mr. Jackson said, "When I was first approached by Consolidated Graphics, what appealed to me most were the resources they could bring to bear in our market as well as their commitment to technology and state of the art solutions for their customers." Mrs. Jackson added, "Preserving the legacy that Ron created was important to us, and I'm looking forward to seeing The Jackson Group grow and prosper."
Consolidated Graphics also announced that it has promoted Patsy Koepke to President of The Jackson Group. Patsy, a native of Indianapolis, began her career in commercial printing with The Graphic Arts Center in Indianapolis in 1999. In 2004, she moved to Atlanta to join Consolidated Graphics as a Vice President of National Sales. In 2006, Patsy joined Graphcom, a Consolidated Graphics company located in Atlanta, as the Vice President of Business Development where she has been recognized as one of the leading salespeople in Consolidated Graphics. Mr. Davis commented, "Patsy has already achieved an impressive track record of success within Consolidated Graphics, and I expect great things from her at The Jackson Group."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, and a presence in Asia, CGX offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.
Consolidated Graphics Acquires The Jackson Group
HOUSTON, Jan. 3, 2011 /PRNewswire via COMTEX/ -- Consolidated Graphics, Inc. (NYSE: CGX)announced today that it has acquired The Jackson Group, including Jackson Press, Inc. and Total Response, Inc. (together, "The Jackson Group"), headquartered in Indianapolis, Indiana. Terms of the transaction were not disclosed.
The Jackson Group was founded in 1961 by Ron Jackson initially as an art studio, but evolved into one of Indianapolis' leading full service printing, mailing, fulfillment and technology companies. The Jackson Group offers sheetfed and digital printing, extremely sophisticated fulfillment and mailing solutions as well as state of the art data analytics and online technology solutions for their customers.
Commenting on the acquisition, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, "Ron Jackson and his wife Kathy have established an impressive track record in serving their customers over the last 50 years. With the resources of Consolidated Graphics behind The Jackson Group, including the world's largest and most sophisticated digital printing network as well as our best in class technology, I expect a great future for this company."
Jim Cohen, Executive Vice President of Mergers & Acquisitions at Consolidated Graphics, added, "This was an attractive acquisition opportunity for us because Ron and Kathy had the vision to develop the business into a full service technology and marketing solutions provider, essentially a smaller version of what Consolidated Graphics offers its own customers. Increasing our existing presence in the vibrant Indianapolis market was an additional benefit."
Also commenting on the announcement, Mr. Jackson said, "When I was first approached by Consolidated Graphics, what appealed to me most were the resources they could bring to bear in our market as well as their commitment to technology and state of the art solutions for their customers." Mrs. Jackson added, "Preserving the legacy that Ron created was important to us, and I'm looking forward to seeing The Jackson Group grow and prosper."
Consolidated Graphics also announced that it has promoted Patsy Koepke to President of The Jackson Group. Patsy, a native of Indianapolis, began her career in commercial printing with The Graphic Arts Center in Indianapolis in 1999. In 2004, she moved to Atlanta to join Consolidated Graphics as a Vice President of National Sales. In 2006, Patsy joined Graphcom, a Consolidated Graphics company located in Atlanta, as the Vice President of Business Development where she has been recognized as one of the leading salespeople in Consolidated Graphics. Mr. Davis commented, "Patsy has already achieved an impressive track record of success within Consolidated Graphics, and I expect great things from her at The Jackson Group."
Consolidated Graphics, Inc. (CGX), headquartered in Houston, Texas, is one of North America's leading general commercial printing companies. With 70 printing businesses strategically located across 27 states, Toronto, and Prague, and a presence in Asia, CGX offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.
Monday, December 20, 2010
I recently did an interview for CGX's main blog which is on http://www.cgx.com/. Click on the link below, and it should take you to it. I have been too busy to post much recently, but this interview is hot off the press!
http://www.consolidatedgraphics.blogspot.com/2010/12/we-spoke-with-jim-cohen-executive-vice.html
http://www.consolidatedgraphics.blogspot.com/2010/12/we-spoke-with-jim-cohen-executive-vice.html
Friday, September 3, 2010
CGX Cover Story in Printing Impressions Magazine
Consolidated Graphics made the cover of Printing Impressions magazine this month. Check it out to learn more about what we are up to. Might not be what you'd expect.
Tuesday, July 20, 2010
Is there more M&A going on in the Great Recession or less?
We’ve certainly been just as active in spite of the economy, but in a different way. Initially (at the start of the recession), we were slower to pull the trigger because we were busy evaluating the chaos that was occurring. We looked at hundreds of potential transactions and didn’t do any of them. We are pretty conservative so we wanted to understand what was happening around us and to the industry in general before we made any moves. Over the past year, we’ve made several acquisitions, and most were distressed in one way or another and we had to be creative in terms of how we structured those transactions so that it was a win-win for both seller and buyer. Today, we are very active and continue to evaluate hundreds of opportunities. We expect to continue to be very active on the acquisition front this year. We still have the strongest balance sheet in the industry, and we have ample cash flow to fund our acquisitions.
As for what others are doing in our industry, I would say that there is, as a general matter, much less acquisition activity because most other buyers have to finance their acquisitions and either can’t raise the capital or simply don’t want to because they are busy licking their own wounds. Or they can't afford to take the risk that a distressed acquisition can be turned around.
As for what others are doing in our industry, I would say that there is, as a general matter, much less acquisition activity because most other buyers have to finance their acquisitions and either can’t raise the capital or simply don’t want to because they are busy licking their own wounds. Or they can't afford to take the risk that a distressed acquisition can be turned around.
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