M&A Roundup: Doceo Nets Two Maryland Businesses, EO Johnson Obtains ShelDon Business Solutions

John Lewis, Doceo

The acquisition parade keeps marching through with a pair of announcements leading into Labor Day weekend. Doceo of York, Pennsylvania, added a pair of Maryland companies to its base that includes Virginia locations, while EO Johnson of Wausau, Wisconsin, acquired Duluth, Minnesota-based ShelDon Business Solutions.

Doceo continues its expansion across the mid-Atlantic with two strategic business acquisitions, both of which have taken place over the past several weeks. It added the assets and employees of Reliable Office Technologies, headquartered in Frederick Maryland, and Business Machines Inc., headquartered just outside of Bel Air, Maryland.

Doceo will add its cybersecurity, IT and print management services to these growing markets. The rapidly growing organization, which already had an office in the Bel Air marketplace, will be moving into a new, larger office there to accommodate the newly acquired Business Machines Inc. customer base. Frederick is a new market for Doceo, and Reliable’s eight employees will soon be moving into a new home base.

“While most of our growth over the years has been organic, we also like bringing established dealerships into the fold,” said Doceo CEO John Lewis. “Both newly acquired dealerships have been supporting the copy-print-scan needs in their respective communities for 30-plus years. To say that we’re excited about supporting the technology needs of these two thriving markets is quite the understatement.”

“We are building on what looks to be our most successful year in the history of Doceo, and the commitment of Doceo’s team members is the reason why.”

EO Johnson-ShelDon Business Solutions

EO Johnson Business Technologies has acquired ShelDon Business Solutions based in Duluth, Minnesota. The move extends EO Johnson’s production print and business technology offerings further north and provides additional support for existing customers in northern Minnesota. The acquisition was finalized on Aug. 31.

Mary Jo Johnson, EO Johnson

“With the acquisition of ShelDon Business Solutions, we are able to enlarge our EO Johnson footprint and expand our Canon partnership into the Duluth, MN area,” said Mary Jo Johnson, CEO and owner of EO Johnson Business Technologies. “Our ability to leverage ShelDon’s skilled sales and service teams will also provide enhanced support to our current northern Minnesota customers. There was a strong cultural alignment with ShelDon Business Solutions, and we are excited to welcome them into the EO Johnson family.”

Companies who rely on ShelDon Business Solutions for their Canon equipment needs will continue to receive the highest level of customer service and have access to the expanded range of products and services offered by EO Johnson.

“This is a great blending of two companies,” said Dean Baltes, co-owner of ShelDon Business Solutions. “We are thrilled to be part of the EO Johnson family. With our Canon partnership and shared commitment to excellence, this was a great fit for both of us. I am also excited for my staff and the opportunities it brings for them to be part of a larger organization like EO Johnson, which is also focused on providing the best business solutions for their customers.”

ShelDon Print, Signs & Design, a full-service commercial print and copy center, was not part of the acquisition and will remain a separate entity under the same ownership.

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About Doceo
Doceo is a managed print and IT services organization that combines business-centered technology solutions with highly caring and customer-focused fulfillment and ongoing support. An employee-owned organization, Doceo has consistently been among the fastest growing businesses in its industry, making the INC. 5000 list of fastest-growing businesses in the country in two of the past three years.

About EO Johnson Business Technologies
At EO Johnson Business Technologies, we live by one promise: to make your business better. As a world-class business technology and managed IT services leader, EO Johnson also provides managed print services, secure document management, scanning, business process improvement, production print, finishing, and wide format equipment.

With seven offices throughout the Midwest, thousands of valued customers, and more than 65 years of delivering world-class service, we can help you work smarter, not harder. Learn more about how our experts can help you achieve your business goals, manage your networks, grow your business, and serve your customers.

About ShelDon Business Solutions
ShelDon Business Solutions proudly serves the Duluth, Minnesota, area with its digital imaging and print production needs. As the only authorized Canon dealer in the area, ShelDon is committed to offering the highest-quality copiers, scanners, and other digital imaging products to help companies operate more efficiently. With experienced service professionals and well-established customer relationships, the ShelDon team brings reliable support and genuine passion to every customer experience.