This week’s transaction activity features a pair of deals, one involving an OEM. Sharp Business Systems acquired ACE Office Solutions to bolster its direct sales holdings and UBEO Business Services obtained Complete Business Systems of Longview, Texas.
Sharp Imaging and Information Company of America (Sharp) acquired the assets of ACE Office Solutions to successfully expand the Sharp Business Systems direct sales operations within the state of New Jersey.
Since 1990, ACE Office Solutions has offered a full line of digital color and monochrome multifunction printers (MFPs), printers, copiers, scanners, fax machines, digital whiteboards and other office equipment solutions to its customers in the central and northern New Jersey region. The addition of the ACE Office Solutions assets in Hillsborough, NJ further expands Sharp’s existing Montvale, NJ direct operations within the state of New Jersey.
Moving forward, Sharp’s newly acquired customers will have direct access to Sharp’s award-winning line of advanced office products and solutions including multifunction printers, display products and applications to streamline office workflow such as the new Synappx family of collaboration applications that help address the workforce’s increased expectation of secure accessibility, ease of use and mobility. Employees from ACE have been invited to join Sharp where they will be able to leverage the excellent benefits that come from joining a multinational company.
“We are very pleased to welcome our newest members to the Sharp Business Systems team in New Jersey,” said Joe McCormack, senior vice president, Sharp Business Systems. “We are confident ACE’s culture of devoted and highly-trained customer service will translate well into Sharp’s current culture of excellence.”
UBEO Business Services
UBEO Business Services is expanding its operation with the addition of Complete Business Systems (CBS), a company that provides office technology, software, hardware solutions, document management and IT support based in East Texas.
“We’re so pleased to welcome CBS to the UBEO family of companies and enthusiastic for the opportunity to build on their legacy throughout East Texas,” Jim Sheffield, CEO at UBEO, said. “UBEO and CBS both have the same standard of excellence in customer service and relations, making this a great partnership.”
CBS, founded in 1982, is headquartered in Longview with a team of over 30 employees. CBS started providing IT services eight years ago and since then has grown operations with five IT techs and a full-time service desk.
The document management company covers 20 counties in the area, serving a wide range of industries, such as law firms, real estate, manufacturing and accounting as well as many others.
“Customer service is now and always will be the top priority for CBS. We have set the bar very high for customer service,” Jay Knight, CBS president, said. “Throughout the years, we have grown in many ways. UBEO brings yet another level of technology and services that will provide us with more tools to serve our customers with integrity.”
A key focus of the partnership will be the retention of current teams. While CBS is now a UBEO company, it will continue operating under its existing name and will retain its leadership and local support staff, with Knight staying on as president. The acquisition will allow CBS to compete on a national level with a much more robust product offering for their customers, and with a comprehensive support system. The partnership will also improve the potential for additional growth and local jobs.
###
About Sharp Electronics Corporation
Sharp Electronics Corporation is the U.S. subsidiary of Japan’s Sharp Corporation. Sharp is a worldwide developer of one-of-a-kind home appliances, networked multifunctional office solutions, professional displays and energy systems. Sharp was recently honored as an inaugural Thomson Reuters Top 100 Global Technology Leader, recognized as one of the tech industry’s most operationally sound and financially successful organizations.
About Sharp Business Systems
Sharp Business Systems is the direct sales division of Sharp Imaging and Information Company of America, which markets Sharp’s business products. Sharp Business Systems currently has 17 branches in nearly 60 locations throughout the United States.
About UBEO Business Services
Co-headquartered in Austin and San Antonio, Texas, UBEO is now the fastest growing business technology organization in the country. While the organization is rapidly growing, its commitment to excellence is paramount. UBEO Business Services with its best of breed offering remains committed to being the “high-end customer experience” in the industry. UBEO’s success is attributable to its commitment to acquire best-in-class companies and build a premier brand in the document technology industry.
