Smithtown, NY- Prosperity Plus Management Consulting, Inc. is pleased to announce that Coastal Business Products (CBP) was acquired by Modular Document Solutions (MDS).
Headquartered in Fort Walton Beach, FL, CBP is a copier/printer dealership focused on the Toshiba product line along with Riso and Kip for duplicators and wide format. Modular Document Solutions is a Sharp dealership that now covers all of Florida. Prosperity Plus represented Patrick May and Bruce Irvine of CBP throughout the transaction.
Patrick, Bruce and the Coastal team will remain with Modular to service the CBP customer base. May, the President of Coastal, was quoted as saying, “We were looking for a partner that could help us bring the business to the next level. The fit and philosophy between Coastal and Modular couldn’t be better. This transaction will create benefits for our customers and employees going forward. I am excited to be part of the Modular team.”
Marty Maddox, President of MDS added, “Modular Document Solutions is fully committed to providing top-notch service to Coastal clientele as Modular now has 14 locations throughout the state of Florida. Clients will experience a high level of customer service and expertise in this marketplace as Modular focuses on the needs of individual customers by providing the latest office technology options by allowing them to concentrate on the development of their businesses.”
The transaction was closed on March 2, 2015. Specific details are confidential and have not been released.
For more information please contact Jim Kahrs at Prosperity Plus Management Consulting, Inc., 631-382-7762 or jkahrs@prosperityplus.com.
