Central Bindery Company – This full-service bindery and finishing business had seen sales decline from recent peaks as the overall printing industry contracted. While the company had managed to stabilize sales, revenue was still down, the business was generating a loss, and the sudden death of the owner required an immediate sale of the business.
SC&H Capital was retained and quickly completed an extensive marketing process which generated significant interest. SC&H conducted an auction of various asset groups of the business including certain IP assets with three qualified buyers. An entirety offer was selected from a local printing and full-service marketing and logistics company that integrated the assets and operations into its business and provided recovery to the estate that far exceeded liquidation estimates.