Assessment of Potential Bendon and Dalmatian Press Merger

Assessment of Potential Bendon and Dalmatian Press Merger

June 19, 2019
June 19, 2019

Share

Client and project overview

As part of the commercial due diligence (CDD) process, AMR (acquired by Stax in 2022) assessed the logic and attractiveness of a merger between Bendon (owned by Wicks, a New York-based private equity fund specializing in information, education and media) and Dalmatian Press.


CDD key questions

  • Will coloring and activity (C&A) be an attractive market in the next 3 to 5 years?
  • Do Bendon and Dalmatian have sustainable competitive advantages?
  • What are the prospects for the combined businesses?


Competitor positioning within the core market

Highlights of methodology

  • Analysed the C&A sector to identify core product categories
  • Researched the main sources of revenues from Bendon and Dalmation
  • Defined the channels of distribution to identify which produced the best performance


Results

By conducting CDD, we were able to:

  • Identify not just where the value lies in the core market, but also in the key segments.
  • Asses the drivers of growth potential
  • Research segmented customer behavior and assess customer satisfaction levels
  • provide critical analysis of the potential competitive advantages and market share gain that would result from the merger. We also supported the investment and integration plan

Read More

Stax Advises Peak Rock Capital on Acquisition of Aegis
August 21, 2025
Stax congratulates Peak Rock Capital on their recent investment in Aegis Industrial Software, a global provider of innovative MES software solutions. Click here to read more.
Stax Advises Transaction of CENTEGIX
August 20, 2025
Stax’s Education & Public Sector practice supported Charlesbank Capital Partners, Gauge Capital, Baird, and Shea & Company on the recent successful transaction of CENTEGIX. Read more.
A Discussion with Tom Puthiyamadam and Jayson Traxler on Grant Thornton’s Acquisition of Stax
August 19, 2025
This article was originally featured by Consulting Magazine and was written by Michael Webb. Read more.
Grant Thornton Advisors to add top diligence and value-creation provider Stax
August 19, 2025
Grant Thornton Advisors to acquire Stax, expanding M&A diligence and value-creation capabilities, serving nearly 70% of top U.S. PE firms. Read more.
Stax Advises Ares Management and AIR on Acquisition of Owens Design​
August 18, 2025
Stax supported Ares Management and their portfolio company Automated Industrial Robotics (AIR) on its recent acquisition of Owens Design. Read more about the deal here.
Stax Advises Gridiron Capital on its Acquisition of ABC Legal Services​
August 18, 2025
Stax supported Gridiron Capital on its recent acquisition of ABC Legal Services, a leading national provider of legal solutions, from Aquiline Capital Partners. Read more about the deal here.
Show More