New Era Of Consolidation

"We have identified six markets where we would like to grow our local market share and the product offering we provide to our customers in that local market," Reilly states.

Unlike the previous generation of M&A activity, Reilly expects to see "a higher level of integration involved, with more emphasis on the operating and customer benefits of the acquisition. In the past, they tended to be more financial. Secondly, the prices that people will be paying will be lower."