M&A Roundup: KDI Office Technology, International Mailing Equipment Complete Deals

Rick Salcedo, KDI Office Technology

Transactional action picked up this past week with a pair of deals. KDI Office Technology made a significant foray into production print with the acquisition of Kelly + Partners Inc. Meanwhile, International Mailing Equipment signed off on a deal to obtain MMS West.

KDI Office Technology, a prominent office technology leader with seven locations spanning the Greater Philadelphia area, eastern Pennsylvania, New Jersey, and Delaware, finalized its Kelly + Partners Inc. acquisition on March 1. It marks a significant milestone in KDI’s strategic growth initiatives and underscores its commitment to expanding service offerings to clients across various sectors.

Kelly + Partners Inc., recognized as Philadelphia’s leading and most trusted on-demand print production company, brings a wealth of expertise in digital printing, duplication, and imaging services. With a reputation for impeccable customer service, top-quality printing, and quick turnaround times, Kelly + Partners Inc. has been serving the diverse needs of the Philadelphia area for over two decades.

Kelly + Partners Inc. offers a comprehensive suite of services, including digital and conventional printing, large format printing for trial exhibits, pre-press and graphic design, full in-house bindery services, duplication services for legal briefs and document repositories, and advanced imaging solutions. Their state-of-the-art electronic imaging technology allows Kelly to quickly and easily convert paper documents into searchable electronic files through high-speed scanning, automatic Bates labeling, accurate OCR indexing, and excellent quality control systems.

The integration of Kelly + Partners Inc., a well-established Center City legal document management company with 24 years of operational excellence, aligns seamlessly with KDI’s mission to provide comprehensive solutions to its clientele. This strategic move signifies KDI’s dedication to enhancing its dynamic technology portfolio and catering to the evolving needs of its customers.

“At KDI, we are dedicated to empowering businesses of all sizes with innovative solutions that enhance information scanning, storage, retrieval, printing, and distribution, boosting operational efficiency. With our strong regional presence and unwavering commitment to client success, KDI is the preferred partner for organizations seeking office process optimization and heightened productivity,” stated Rick Salcedo, president/CEO at KDI Office Technology.

Kelly + Partners Inc. was founded by Philadelphia veterans of the duplication services field, with a mission to fill the “services gap” being experienced in many areas of business today. The company specializes in meeting all printing and document management needs in the Philadelphia area, from file conversion to digital printing. They pride themselves on impeccable customer service, top-quality printing, quick turnaround times, and advanced imaging solutions.

Kevin Kelly, Kelly + Partners

“Our purpose is not to service as many clients as possible, but rather to provide the ultimate benefit to a few clients to ensure the utmost quality of outputted product while fostering successful relationships,” commented Kevin Kelly, president at Kelly + Partners Inc. “We serve a diverse client list, including experienced firms within the Philadelphia area’s legal community, architects, a cable television provider, and many local banks.”

By joining forces with Kelly + Partners Inc., KDI is poised to further solidify its position as a leading provider of Office Technology solutions in the tri-state area. The collaboration enables both companies to leverage their combined expertise and resources to better serve customers across legal, medical, educational, and business communities.

“We are thrilled to welcome the principals and staff of Kelly + Partners Inc. to the KDI family. This strategic partnership will allow us to expand our service offerings to existing customers and promote our combined expertise in the market,” added Don Schatzman, president of sales at KDI Office Technology.

The acquisition of Kelly + Partners Inc. represents a significant step forward for KDI Office Technology as it continues to pursue growth opportunities and deliver unparalleled value to its clients.

International Mailing Equipment-MMS West

International Mailing Equipment (IME) has acquired MMS West, a mailing and shipping systems dealership in Reno, Nevada. Prosperity Plus acted as an advisor to IME owner and President Rob Biedenweg throughout the transaction.

With the purchase of MMS West, IME expands its footprint in northern California and Nevada. MMS West is an affiliate of Albuquerque-based General Mailing & Shipping Systems which is owned and operated by Kristen and Aaron Briggs.

Rob Biedenweg, IME

“Kristen and her team at MMS West have built a strong presence in the Reno market. We are excited to bring their team into the IME family.” said Biedenweg. “The companies share a similar culture and drive to always put customers first and provide an outstanding experience.”

The local MMS West team will continue forward with IME to ensure a seamless transition. “IME’s excellent reputation makes this a real win-win. MMS West’s customers and employees will be well cared for under the IME umbrella while we focus on our core business in New Mexico” said Kristen Briggs.

Specific details of the transaction are confidential and have not been released.

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About KDI Office Technology
KDI is the fastest-growing, independent office technology provider in the mid-Atlantic region. As a multimillion-dollar per year, family-owned company, KDI is big enough to offer premium quality, selection, and affordability, yet provides the personalized service, support, and old-fashioned, family values you’d expect from a much smaller company. For over 39 years, KDI has successfully improved the workplace for businesses of all sizes using innovative technologies and services. This has enabled countless organizations to work smarter and focus on their core business.

KDI is the proud Official Office Technology Sponsor with long-term contracts for the Philadelphia Phillies, Philadelphia Union, Philadelphia Flyers and Wells Fargo Center, as well as the official business solutions provider to Dover (Del.) International Speedway and Nashville Superspeedway in Lebanon, TN. www.kdi-inc.com

About Prosperity Plus
Prosperity Plus offers a full range of merger and acquisition services. The consulting group may represent either the buyer or the seller in a transaction. If you are thinking of selling your business or looking to buy another give us a call. For more information, please email Jim Kahrs at Prosperity Plus or call (631) 382-7762 ext. 101.