Mike Kellogg, CEO of Century Direct, and Charles Tuminello, a partner at KM Media, shared their insights on M&A during "News Talk", an NAPL webinar which was hosted by my colleague, Howie Fenton.
Facing critical decisions as to investing in the business in order to remain independent, Charles and his partners decided reduce risk by merging their business, Mark Litho, into Kay Printing to form KM Media in 2009. Today, they are minority owners of a larger, financially strong leading company.
Mike Kellogg and his partners have done numerous M&A transactions to build Century Direct into an industry leader over the past decade.They are poised for further growth by strategic acquisition in the New York City marketplace.
Both Charles and Mike were candid in sharing their experiences.
If you are an owner considering growth by acquisition or transition from ownership to preserve value, then click on this link and listen to this informative dialogue.
