M&A Deal Summary

LSC Communications Acquires The Clark Group

On November 29, 2017, LSC Communications acquired transportation company The Clark Group from The Gores Group

Acquisition Highlights
  • This is LSC Communications’ 2nd transaction in the Transportation sector.
  • This is LSC Communications’ 7th transaction in the United States.
  • This is LSC Communications’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2017-11-29
Target The Clark Group
Sector Transportation
Buyer(s) LSC Communications
Sellers(s) The Gores Group
Deal Type Add-on Acquisition

Target

The Clark Group

Trenton, New Jersey, United States
The Clark Group, Inc. is a third-party logistics provider of distribution,consolidation, transportation management and international freight forwarding services. The Clark Group, Inc. is based in Trenton, New Jersey.

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Buyer(S) 1

Buyer

LSC Communications

Warrenville, Illinois, United States

Category Company
Sector Publishing
Revenue 3.6B USD (2017)
DESCRIPTION

LSC Communications is a provider of digital print, print-related services, and office products that serves the needs of publishers, merchandisers, and retailers. The Company’s service offering includes e-services, warehousing and fulfillment, and supply chain management. LSC utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients' needs to increase speed to market, reduce costs, provide postal savings to customers, and improve efficiencies. LSC Communications is based in Warrenville, Illinois.


DEAL STATS #
Overall 7 of 9
Sector (Transportation) 2 of 4
Type (Add-on Acquisition) 4 of 5
State (New Jersey) 1 of 1
Country (United States) 7 of 9
Year (2017) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-09 Quality Park Products

Minneapolis, Minnesota, United States

Quality Park Products is a producer of quality envelopes, mailing supplies and assorted packaging items. Quality Park Products is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 TriLiteral

Cumberland, Rhode Island, United States

TriLiteral LLC is a full-service logistics provider specializing in the distribution of books for University Presses and Academic Publishers.

Buy -

Seller(S) 1

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.


DEAL STATS #
Overall 56 of 66
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 27 of 30
State (New Jersey) 1 of 1
Country (United States) 43 of 52
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Peoplenet

Atlanta, Georgia, United States

Peoplenet Corp. is a provider of an automated, fully-hosted time and attendance solutions that are simple and help staffing agencies provide their clients with excellent service. Peoplenet Corp. was established in 1989 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Astadia

Jacksonville, Florida, United States

Astadia is a technology consulting firm with a focus on mainframe migrations that has benefited hundreds of clients, converted millions of lines of COBOL, and helped maximize the impact and minimize the risks of today’s blended enterprise and cloud IT ecosystem. Astadia was founded in 1996 and is based in Jacksonville, Florida.

Sell -