Most dealers are incredibly busy this time of year, which makes efficiency all the more invaluable in order to keep operations humming. Some companies, however, have taken multitasking to another level.
CFBT certainly doesn’t waste any time. This week, the suburban Buffalo dealership announced it had added three companies—Duplicating Consultants Inc., Buffalo Copier & Imaging Solutions Inc. and Ambind Corp.—to its stable. All three companies are local to CFBT and enable the Tonawanda, New York-based dealership to bolster its product and service proposition in western New York.
In another deal announced this week, Watchkeep—a wholly independent subsidiary of Fraser Advanced Information Systems—bolstered its managed IT value proposition with the acquisition of Computer Management and Marketing Associates. On the manufacturer side, Sharp swung a deal for Allstar Business Machines in Florida. Here’s a look at each deal.
CFBT President David Scibetta is confident the acquisitions will further solidify the dealer as a one-stop shop for comprehensive office technology solutions in Buffalo and Rochester. “Each of these organizations has built a strong reputation for quality service and customer commitment,” he said. “We are positioned to offer even greater value to our clients while continuing to uphold the standards of excellence that our customers expect.”
The deals enhance CFBT’s ability to drive value through document management, imaging solutions and binding technologies. Tammy Thrush, a 30-year industry specialist, is among a core of personnel additions that include service techs and logistics coordinators. Many of the account managers will be coming aboard, and CFBT is in the process of rebranding the companies’ service vehicle fleets.
All service agreements forged by the trio will be honored by CFBT.
Here is a rundown of the strengths each acquisition brings to the fold:
Duplicating Consultants Inc. brings decades of experience in print management and office automation, providing businesses with tailored solutions to streamline workflows, enhance efficiency and reduce printing costs. With a strong emphasis on managed print services, it has helped organizations optimize document processes, implement secure printing solutions and improve overall productivity through advanced office technology.
Buffalo Copier & Imaging Solutions Inc. has been a trusted provider of imaging and copier services, offering high-quality MFPs, scanners and digital imaging solutions designed to meet the needs of businesses of all sizes. With a commitment to cutting-edge technology, it has equipped organizations with the latest advancements in document reproduction, security and efficiency, ensuring seamless and reliable office operations.
Ambind Corp. specializes in professional binding and finishing solutions, helping businesses create high-quality, polished document presentations that make a lasting impact. From thermal and wire binding to laminating and booklet-making, it has been the trusted choice for companies seeking to enhance the professionalism and durability of their printed materials. With expertise in high-volume production environments, Ambind provides customized finishing solutions tailored to each business’s unique branding and operational requirements.
Scibetta is confident the additions will allow CFBT to better serve its clients with an expanded portfolio of products and services, ensuring businesses can access the latest innovations in document management, imaging and finishing.
Watchkeep (Fraser Advanced Information Systems)—Computer Management and Marketing Associates
Watchkeep, a wholly-independent subsidiary of Fraser Advanced Information Systems, has completed the acquisition of Computer Management and Marketing Associates (CMA), a leading independent managed IT company in the Lehigh Valley. This partnership provides area businesses with expanded choices and better solutions for their office technology and managed IT needs.
Founded in 1983, CMA was one of the premier IBM Business Partners, providing software and hardware business solutions in the SMB space. Over their 40 years in business, the company evolved into a trusted Managed Service Provider, supporting network and infrastructure management, security and monitoring, virtualization, disaster recovery and staffing services primarily in Pennsylvania and New Jersey.
President and CEO, William Fraser stated, “The acquisition of CMA strengthens Watchkeep’s market position across the Lehigh Valley and New Jersey as an expanding IT solutions provider to the small, mid-size and major account business community.CMA clients can expect to continue to receive the same outstanding service and support to which they are accustomed. The addition of CMA to Watchkeep will provide their customers with more choices for their office technology needs, as well as expanded services in regard to copiers, printers, business phone and voice services, video conferencing, digital displays and more.”
Watchkeep is a leading provider of managed IT and security services across Eastern Pennsylvania and New Jersey. With clients in all types of industries throughout the Mid-Atlantic region, Watchkeep helps companies strengthen their digital security and transform their businesses through technology. Our top-tier processes ensure your business remains connected, secure and productive. As a testament to our commitment to security and excellence, Watchkeep is Cyber Verify certified by MSP Alliance. We are the only MSP Verify provider in the region, and our clients benefit from this rigorous adherence to security standards, ensuring their IT infrastructure is protected.
Sharp-Allstar Business Machines
Founded in 1991 and headquartered in Boynton Beach, Florida, Allstar Business Machines was owned and operated by Howard Leib. It was an authorized Sharp dealer and sold and serviced office equipment to customers throughout the Southeastern coast of Florida including Palm Beach, Broward, Martin, Miami-Dade and Saint Lucie Counties.
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About CFBT
Headquartered near Buffalo, CFBT is an office technology provider specializing in hardware, software, IT services and document management. Its tailored solutions transform workspaces into a “smart offices,” helping customers streamline workflows, reduce costs and protect their information.
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, robotics and energy systems. Sharp sells its B2B products and solutions in the U.S. through Sharp Business Systems, the direct sales division of Sharp Imaging and Information Company of America, which markets Sharp’s full line of multifunction printers and professional display products. Sharp Imaging and Information Systems of America is a division of Sharp Electronics Corporation.
About Zygoquest Group and Mike Dudek
Mike Dudek, an attorney and CPA, is the owner of Zygoquest Group “seeking to unite” which provides customized merger and acquisition services to buyers and sellers of companies. Zygoquest is the number-one M&A authority in the office equipment & products industry. Dudek, Bill Laughlin and Rich Wisniewski are authors of over 600 consummated M&A transactions, including many technology services acquisitions, and many corrugated and value-added packaging products acquisitions during their careers. Prior to founding Zygoquest, Dudek was vice president of acquisitions and vice president of finance for IKON Office Solutions, a $5.5 billion NYSE company acquired by Ricoh Corporation. Dudek has evaluated transactions ranging from the smallest transactions to the largest deals in the office products industry – from million-dollar deals to billion-dollar deals. The Zygoquest website contains deals you will recognize.
About Law Office of Mike Dudek
Mike Dudek also owns the Law Office of Mike Dudek which provides owners and executives with customized and affordable legal services on mergers and acquisitions and other complex business transactions.
