TL;DR
Safeguard's acquisition program has facilitated 95 transactions, highlighting the importance of company culture and fit in mergers and acquisitions. Safeguard acquired DocuSource by Safeguard, with the investment being monumental and allowing for upgrades to facilities and technology.
Mergers and acquisitions have gained momentum in the printing and promotional products industry over the last few years. Safeguard started their BAM program in 2008, having completed 95 transactions to date. Scott Sutton notes the first and last transactions completed as especially memorable in comparison due to their size and the complexity of each deal.
Sutton discusses finding the right fit—for both the people and the company culture—when considering if an acquisition or merger is the right decision for your company. Jeff Scott, the former CEO of DocuSource by Safeguard needed a transitional plan to prepare for retirement when his two partners were ready of make the leap. Scott felt that Safeguard was a good company with a solid track record, able to take care of their employees and customers while continuing to grow the company.
Scott further elaborates on why they chose to sell to Safeguard, and he elaborates on the investment from Safeguard into DocuSource by Safeguard as monumental. Once acquired, Safeguard was able to upgrade, improve and update DocuSource by Safeguard's facilities and technology. Click here to read the original story.
In this story
This story was originally published in 1851 Franchise on August 13, 2015. Burnaze summarizes and links to the original reporting.
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