In this episode of Printing's Alive, Mark Hahn delves into Graphic Arts Advisors' services and succession planning in the print industry. He outlines key steps for selling a print business, emphasizing timelines, advisor roles, future value, and human factors in acquisitions. Mark also tackles challenges in the due diligence process, ESOPs, family succession, and M&A trends, underscoring the need for specialized legal advice. He shares insights on M&A success rates, post-sale satisfaction, and the role of industry-specific advisors. Tips for business owners and common selling mistakes are discussed, with closing thoughts and a future episode preview.
(0:00) Introduction and guest welcome with Mark Hahn
(2:32) Graphic Arts Advisors' services and succession planning in the print industry
(5:57) Key steps and considerations when selling a print business
(11:21) Timeline and advisor roles in business sales
(18:14) Future value and human factors in acquisitions
(21:02) Challenges in the due diligence process
(30:01) ESOPs in the printing industry and family succession
(39:53) M&A trends and the importance of specialized legal advice
(48:02) M&A success rates and post-sale satisfaction
(54:00) Consulting roles in post-closing transitions and M&A overviews
(1:00:19) The necessity of industry-specific advisors in mergers and acquisitions
(1:04:34) Tips for business owners contemplating a sale
(1:07:17) Common selling mistakes and the value of professional advisors
(1:08:45) Closing thoughts and future episode preview