Mergers & Acquisitions

A look at the trends impacting dealers and OEMs after the first six months of 2024. There is no question that manufacturer profitability is not where it was prior to the pandemic. We estimate that their entertainment budgets have decreased by 20%.

Marco Technologies announced its acquisition of Lang Company. Since starting in 1945, Lang Company had become a leading provider of copiers/printers and business IT services in both Kentucky and southern Indiana.

The Cannata Report’s Manic Monday offers a rapid recap of the previous week’s office technology industry news.

Fruth Group Inc. expanded its presence in the Yuma marketplace through the recent acquisition of Hoppstetter’s Office Products.

Mike Dudek and Rich Wisniewski of Zygoquest Group served as the advisor to Qualpath, Inc. and its owner Kevin DeYoung on the sale of capital stock to Advanced Document Solutions, Inc. dba AD Solutions.

AD Solutions, recently recognized on Inc. 5000’s list of Fastest Growing Private Companies, continues its ambitious growth trajectory by acquiring QualPath, an established office equipment dealership serving Miami and all of South Florida.

The Cannata Report’s Manic Monday offers a rapid recap of the previous week’s office technology industry news.

EDGE Business Systems announced the acquisition of Mailing Systems of Georgia (Mailing Systems).

The Cannata Report’s Manic Monday offers a rapid recap of the previous week’s office technology industry news.

UBEO Business Service announced the acquisition of Commonwealth Digital Office Solutions.

Complete Document Solutions (CDS) has announced the acquisition of TCG Document Solutions, marking a significant milestone in its journey to expand its reach and enhance its service offerings in the document management industry.

Gamut Capital Management, L.P. announced they have signed a definitive agreement to acquire DEX Imaging (“DEX”) from Staples, Inc. (“Staples”).

Shore Business Solutions announced the acquisition of the ARMPCO Office Machines customers.

 DocuWare announced its acquisition of natif.ai.  

The Cannata Report’s Manic Monday offers a rapid recap of the previous week’s office technology industry news.

ITC Infotech announced the signing of a definitive agreement to acquire 100% shareholding of Blazeclan Technologies Private Limited (Blazeclan).

Applied Innovation announced the acquisition of MCE, Inc. (“MCE”) based in South Bend, Indiana. This acquisition, effective April 1, 2024, underscores Applied Innovation’s commitment to expanding its footprint in the Northern Indiana and Southern Michigan regions.

The Cannata Report’s Manic Monday offers a rapid recap of the previous week’s office technology industry news.

Ricoh USA Inc. announced the sale of its eDiscovery Services business to Array, a litigation support company that provides a comprehensive suite of legal services.

Advanced Business Methods has acquired The Office Shop, a Brainerd and Aitkin, Minnesota-based office equipment, furniture, and supply source.

KDI Office Technology announced the acquisition of Kelly + Partners Inc. The acquisition, finalized on March 1, 2024, marks a significant milestone in KDI’s strategic growth initiatives and underscores its commitment to expanding service offerings to clients across various sectors.

Prosperity Plus announced that International Mailing Equipment as acquired MMS West, a mailing and shipping systems dealership in Reno, NV.

The Cannata Report’s Manic Monday provides a rapid recap of the previous week’s office technology industry news.