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Lakeside Book Company Acquires Phoenix Color

Apr 13, 2022•over 3 years ago

Acquiring Company

Lakeside

Acquired Company

PHOENIX COLOR

Description

Lakeside Book Company ("Lakeside") announced today that it has completed its acquisition of Phoenix Color Corp. ("Phoenix") from ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) ("ALJ"). Phoenix is a specialty printer of book components, children's books, and other print-related products with printing facilities in Indiana and Maryland. In addition to book manufacturing, Lakeside provides distribution, sales and marketing services, as well as intellectual property and brand protection technology to book publishers. With this acquisition, Lakeside customers will have access to the most extensive portfolio of products, services, and solutions available in the industry.

Company Information

Company

Lakeside

About

In 1864, R.R. Donnelley started as a partner at a small printing company in Chicago. In the years that followed, he grew the company into one of the largest and most trusted printing service providers in the world. As the decades passed, the company continuously expanded its services, and in 2016, LSC Communications was spun out to offer specialized solutions to publishers, brands, retailers, and merchandisers. In 2020, Atlas Holdings acquired LSC Communications and in 2021, rebranded its Book division the Lakeside Book Company. The company mission states: "We are committed to crafting books and services that are meaningful. We take pride in the challenge of fulfilling our customers' visions." For more information, please visit www.lakesidebookcompany.com. SOURCE Lakeside Book Company

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed