Consolidation in 3PL Space Heats Up as LSC Communications Acquires The Clark Group

“Continuing to expand LSC’s logistics service offering in ways that add value to our clients’ businesses has been a sharp focus for us,” said Thomas J. Quinlan III, Chairman and CEO of LSC. “The Clark Group brings a range of supply chain services to LSC that position us for growth, including the ability to better provide a full-service offering for magazine clients with newsstand distribution as well as reverse logistics solutions for our book publisher clients.”

Gores acquired The Clark Group out of the firm’s lower middle market fund, Gores Small Capitalization Partners, and then followed with a number of add-on acquisitions to establish a world class logistics provider with a single source supply chain solution. Clark has experienced significant success in customized reverse logistics solutions for the book industry over the past five years, resulting in revenue growth and significant cost savings to publishers, distributors and retailers.

LSC has been building the company’s distribution capabilities for print and non-print materials. This acquisition marks LSC Communications’ second acquisition in the logistics space this year, following the acquisition of Fairrington Transportation announced on July 31, 2017.