Wausau, WI (March 27, 2018) — EO Johnson Business Technologies and Office Enterprises Inc. (OEI)/Cornerstone Technology announce the sale of OEI’s copier/printer division and Cornerstone Technology’s IT services business to EO Johnson (Cornerstone’s Digital Media is transitioning to OEI). The sale was completed March 9, and since that date both companies have focused on notifying customers and transitioning the business.
EO Johnson welcomes OEI’s service and administrative employees and the Duluth sales employee to its Imaging division. Cornerstone Technologies support, engineering, and administrative employees join Locknet Managed IT Services, EO Johnson’s IT division. Total new employees transitioning to EO Johnson/Locknet are 22. EO Johnson is also retaining the current Cornerstone facility located at 505 S. 24th Ave. in Wausau, where Locknet/Cornerstone will occupy.
The sale fits both companies’ strategic plans. According to Bob Lamovec and Seth Sierk, co-owners of Office Enterprises Inc., OEI will now focus energies on their core businesses of mailing equipment, furniture solutions, water systems, digital media, and other upcoming endeavors. Mary Jo Johnson, CEO/owner of EO Johnson Business Technologies, says the acquisition of OEI’s copier/printer division aligns perfectly with EO Johnson’s own imaging business. Likewise, both Cornerstone’s customer base and product offerings line up perfectly with Locknet’s client base and product focus. Both the imaging and IT acquisitions provide significant growth opportunities for EO Johnson and Locknet in the Central Wisconsin market.
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About EO Johnson Business Technologies
EO Johnson Business Technologies is a leading business technologies provider, offering managed IT services, managed print services, document management, scanning and business processes systems, and print/document and production printing equipment. Celebrating its 60th anniversary in 2017, EO Johnson is certified as a Woman Owned Business through the State of Wisconsin and a 2016 BBB Torch Award for Ethics winner.
About Locknet Managed IT Services
Locknet Managed IT Services is a UCS/SOC2 Type 2, FFIEC examined technology service provider and has been named to MSPmentor’s 501 Global Edition since 2014. Focusing on IT security for over 35 years, Locknet provides delivery and management of IT network services including desktop and server, security, backup services, and more.
About OEI
Office Enterprises Inc. (OEI) has been committed to providing the best products and service for their customer applications since 1983. OEI is recognized as an established provider of mail and business furniture systems. As a second generation business, they have continued to experience growth through increased customer relationships and an expanding regional coverage.