John Hyde Offers Advice to Companies Considering Business Transitions
In the September 2021 article of the Graphic Communication Advisors Group (GCAG), Merger and Acquisition (M&A) expert, John Hyde, provides advice to printing industry companies considering M&A strategies.
Hyde is Managing Director of Special Situations, Graphic Arts Advisors, LLC, and consultant to the Graphic Communication Advisors Group (GCAG). In his article entitled, "Graceful Transition from Business Ownership When Traditional Options Are Not Attractive," Hyde offers a perspective on the most common forms of business transition applicable to companies in the printing and graphic communication industry.
For those owners who have struggled in recent years, Hyde poses five questions for consideration in thinking about business transition, and offers a perspective on each. He addresses: What is the time frame based on the life cycle stage and relative health of the business? Who is making the decision on “whether”, “when,” and “how” to get out of business? Where do you stand on the ethical issue of doing right by your customers and employees? Who legally owns the assets and liabilities of the “treading water” company? And, why is non-bankruptcy orderly wind-down usually more attractive than bankruptcy?
The preceding press release was provided by a company unaffiliated with Wide-format Impressions. The views expressed within do not directly reflect the thoughts or opinions of Wide-format Impressions