Industry Veteran Allen Simon Joins Corporate Development Associates Team
Corporate Development Associates (CDA), Scottsdale, Ariz., has announced the addition of printing industry veteran Allen Simon to its deal-making team as an associate. Simon spent the bulk of his 39-year career at Datatel Resources Corporation, based in Monaca, Pa., serving as president and CEO from 1993 until Datatel’s sale to Wise Business Forms in October 2017, which was orchestrated by CDA. Simon remained with Wise in a sales capacity for a three-year transition period that ended in Nov. 2020.
“We are delighted to announce the addition of Allen as an associate to our deal-making team,” said Jim Anderson, CDA’s founder and president. “My associates, Roger Buck and Stuart Boyar, and I feel that the industry is not currently being properly served by M&A advisory firms and the printing industry is huge. I fully expect Allen will in short order be a great dealmaker and bring not only additional manufacturing expertise to CDA, but add his absolutely incredible base of PSDA member contacts.”
"I am pleased to enter into this new relationship with CDA, as Jim, Roger and Stuart are all industry veterans,” Simon said. “Jim is a respected dealmaker and CDA has a track record of success in the printing industry. CDA not only has the experience and talent, but many long-standing personal relationships with print industry principals particularly within the business forms and label segments of our industry, which is my area of expertise. My affiliation with CDA should give my new future as a dealmaker a great kick-start as it has for both Roger and Stuart."
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