Client recommendations basis for inclusion in 2017 Axial Advisor 100
Philadelphia PA - New Direction Partners, the leading mergers & acquisitions resource for the printing and packaging industries, today reported it has been recognized by Axial as one of the Buyside’s 120 most referred middle market banks and advisory firms. Axial has built a network of more than 11,000 firms, connecting those who run, buy, sell and advise private companies. In preparing this ranking, Axial reached out to more than 1,000 private equity firms, strategic acquirers and family offices, asking them to name the banks and advisors they trust and respect most when transacting in the middle market.
In the report, Axial stated, “We did not want to create this list from deal tables or subjective criteria of our own. The currency we were interested in was referrals. We went looking for recommendations from the very people who have worked both alongside and across the negotiating table from countless advisors.”
“We are honored to be included in this prestigious list,” said Peter Schaefer, a Partner at New Direction Partners. “It is validation of our dedication to helping companies in the printing and packaging industries make the best deals when mergers and acquisitions are in play. Axial is a respected resource and did the necessary due diligence to come up with a meaningful ranking. We were the only firm working in the printing and packaging industries that received this recognition, and we thank those who were interviewed and put forth our name for consideration as well as the hundreds of printing and packaging companies who have put their trust in us to assist them in one of the most important business decisions a company can make.”
The Axial report concludes, “These advisory firms are excellent at what they do. That’s not our word, but rather the words of dealmakers whose referrals have come together to form this inaugural list.”