Company Overview
The Company is a full-service, commercial printer offering offset and digital printing, finishing and bindery, and warehousing and fulfillment services.
Historically, the Company provides services to customers across a broad industry base, including financial services, retail, consumer products, manufacturing and medical.
Engagement Overview
FDP has proven its capabilities and become a trusted advisor to the Company. Since our introduction, FDP has assisted ownership with numerous difficult decisions with regards to expense reductions during various economic downturns.
–On numerous occasions, FDP has assisted with expense reduction and commission plan restructuring resulting in savings in excess of $1.5 million.
–Assisted the Company in refinancing its debt resulting in significant savings related to debt service costs.
In addition, FDP has assisted the Company through several refinancing opportunities.
FDP assisted the Company with certain buy-side due diligence procedures related to the Company’s acquisition of the customer base and related equipment of a direct competitor
FDP continued to work with the Company with regards to the refinancing of the Company’s subordinated debt lender.
Results
FDP generated significant cash savings through expense reductions and commission plan restructuring.
FDP has successfully led effort to refinance the Company’s debt as well as an acquisition of a local competitor.