Wednesday, November 19, 2014

On the subject of "Tuck-In" Acquisitions

This article is now up on the blog-site known as The Digital Nirvana:

By Tom Cobery
Presently there are two major methods in which a merger or acquisition occurs in the graphics industry. It is either strategic or a tuck-in. Today I will address the tuck-in method. A tuck-in occurs when a Buyer is seeking to merge with or acquire a company whose earnings are weak or non-existing. The Buyer is...
Link to full article (and be sure to read the comments posted below the article):

Tuesday, November 18, 2014

Why ABC Imaging is buying a building in Fairfax Co. it hoped it wouldn't need

This article, authored by Daniel J. Sternovitz, Staff Reporter, Washington Business Journal, was published  on Nov 10, 2014 and was updated on Nov 11, 2014:

Medi Falsafi isn't someone who leaves a lot to chance.

And so, when his landlord at the Lafayette Center in downtown D.C. walled off the interior, open-air atrium facing his offices in the building's basement to install a fitness center to accommodate another tenant two years ago, Falsafi came to an important conclusion: In order to control its own destiny, ABC Imaging needed its own building rather than continuing to be a tenant in another landlord's property.

No, this isn't the classic anecdotal lede to an owner-occupied building sale, though that's certainly part of it. In October, Falsafi signed a contract to acquire a building in Fairfax County's Alexandria section for $6.2 million and is planning to close on the acquisition of 5920 Shawnee Road in January.

Thursday, November 13, 2014

Free Live Webcast: Is the pace of construction investment set to quicken?

From CMD, AGC and the AIA...

Will 2015 see further steady progress, or will it be sidetracked by the likes of material and labor shortages, commodity prices surges, further political bickering in Washington or military turmoil in hot spots around the world. Join an amazing team of economic exerts for an insightful, informative and interactive account of the outlook for construction in the upcoming months.

Chief Economists from CMD, the AGC and the AIA combine forces for a lively, fast-paced economic webcast.

Join us on November 20, from 2:30 – 4:00 p.m. EST for insight from construction’s leading economists.

Tuesday, November 11, 2014

We salute our country’s veterans

...... For all they gave, and continue to give, for our great country.

In particular, I’d like to honor, and salute:

Former 1st Lt. Arthur Salus (deceased 1976).
During WWII, my father was a Navigator in a Heavy Bomber Group of the 15th Air Force (304th Bomb Wing, 454th Bomb Group, 737th Bomb Squadron.) Based in southern Italy, Dad and his crew completed 35 bombing missions over eastern and central Europe from 1944 to 1945.  Prior to volunteering for service, and after being discharged when WWII ended, my dad was a Pharmacist.  Dad never talked about his time in the Army Air Corps, it was something he kept inside.  I do know that many of his fellow servicemen did not return home; they were either KIA or shot down and spent time as POW’s.

Former Master Sgt Gerson (Gus) Nadell (deceased 2007).
During WWII, my father in law was the head NCO at the 303rd Bomb Group Headquarters, which was based in England, somewhere outside of London.  The 303rd Bomb Group was part of the 8th Air Force, which flew heavy bomber missions over western Europe.  Gus, my mentor for the first 11 years of my career in the reprographics business, was a recipient of two bronze stars.

During my life in the reprographics business, I became friends with two people whose fathers served in Italy in the 15th Air Force in Italy during WWII.  Pat Brumfield, the CEO of Lellyett & Rogers (Nashville, TN) and Woodie Rush, PlanExpress (Memphis, TN); their fathers were also in Heavy Bomber units.

To those of you who served in our country’s armed forces and to those of you whose grandfathers, fathers, uncles (and wives, moms and grandmothers) served our country, we thank you, and them, for your service to our country.

Visit and give and/or volunteer.