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

Grant Thornton Stax Advises ETS on its Acquisition of ACT
July 9, 2026
Grant Thornton Stax supported ETS on its recent acquisition of ACT, a leading provider of college and career readiness solutions. Read more about the deal here.
Stax Sell-side: Corestream Strategic Investment from Lightyear
July 8, 2026
Grant Thornton Stax supported Corestream, a leading voluntary benefits and employee savings technology platform, on its strategic investment from Lightyear Capital. Read more here.
Grant Thornton Stax Named Among The Top 50 Consulting Firms of 2026
July 7, 2026
The Consulting Report has recognized Stax as one of the Top 50 Consulting Firms of 2026, honoring firms that excel in transformation, growth, and efficiency. Read the full list here.
Feat. by Inbound Logistics: AI Pitfalls in Supply Chains?
July 6, 2026
Each month, Inbound Logistics poses a question related to supply chains, with this months question focusing on AI. Read Marissa Licursi's response to this month's question here.
The Investment Case for Career and Technical Education (CTE)
By Robert Lytle, Miriam El-Baz, & Marissa Licursi June 24, 2026
CTE represents an attractive growth market with opportunities across multiple vendor categories. Read more about what factors are driving the CTE market and the history behind them.
June 24, 2026
Grant Thornton Stax and Shea & Company brought together PE investors and GovTech executives from Vision Government Solutions, ClearGov, CivicPlus, and Ignatius to discuss how AI is transforming the future of GovTech.
Show More