Executing due diligence the right way means drilling down into every layer of the business being acquired, with no room for guesswork or assumptions.
Randolph W. Camp
Integrating your company and one you’ve purchased into one entity will be a stiff test of your executive skills — perhaps the most demanding test you’ve ever faced. But, with strategic planning and careful execution, you can make the merger accomplish everything you envisioned when you first decided to pursue it.
Even if you're at the peak of your career as a printing company owner, and the decision to sell your printing business is years away, there's no time like the present to account for the necessary steps to be ready for the sales process.
My personal involvement with M&As began when I was the president and CEO of a family business that originated as a newspaper publishing company in 1906. During my tenure, we sold our non-heatset web division and after that our sheetfed operation. Later, as president and CEO of the Printing and Imaging Association of Georgia, I worked with a number of our members who were considering M&A transactions of their own. This experience taught me two things.