Mergers & Acquisitions

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.

Pacific Office Automation acquired Maunakea Integrated Solutions, a local Sharp, HP, and Kyocera family dealer based in Honolulu, Hawaii that services all of the Hawaiian islands.

EO Johnson Business Technologies acquired Koch Office Group with offices in Des Moines and Cedar Rapids, IA.

In the first of a two-part episode of Fridays with Frank, Frank G. Cannata is joined by BPO Media’s Patricia Ames to discuss two hot topics, including an emerging business model and whether or not she sees the private equity companies behind the office technology industry’s mega dealers consolidating. 

The Cannata Report’s Manic Monday presents a rapid recap of office technology industry news from the week of January 15-19.

In this week’s episode of Fridays with Frank, Frank G. Cannata responds to a dealer’s question about which of the many hardware vendors might be acquired in the foreseeable future.

Prosperity Plus announced that Bay Copy has been acquired by UBEO, LLC. Prosperity Plus acted as an advisor to Ray Belanger and Bay Copy throughout the transaction.

The Cannata Report’s Manic Monday presents a rapid recap of office technology industry news from the week of January 1-5

UBEO Business Services announced that it has successfully completed the acquisition of Bay Copy. This latest strategic acquisition further solidifies the UBEO footprint in the Boston Metro Area.

We like to watch, which is why this time every year we identify the trends, companies, people, products, and events we will be keeping an eye on in the coming year in our annual WatchList.

UBEO Business Services announced that Spriggs has become the newest member of the UBEO family of companies.

Mike Dudek and Rich Wisniewski of Zygoquest Group served as the advisor to Hunter Business Systems, LLC and Laser Tone Business Systems, LLC  on the sales of assets of both companies to Marco Technologies. 

Between last year and this year, we saw a 2% dip in the percentage of dealers making acquisitions. However, there was a significant uptick in the number of acquisitions.

You never know what the future will bring and succession planning that focuses on objectives and financials will help ensure an orderly replacement or exit strategy.

The Cannata Report presents office technology news highlights from the week of September 11-15.