Downingtown, PA (Jan. 22, 2019) — Mike Dudek and Rich Wisniewski of Zygoquest Group served as the advisor to McGrath Office Equipment Inc. and its eight owners on the sale of assets to Image Systems & Business Solutions LLC. Terms of the transaction are confidential.
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About McGrath Office Equipment Inc.
McGrath Office Equipment Inc., headquartered in Morris, IL, with a branch office in Jolliet, was founded over 80 years ago in 1936 by J. L. McGrath. McGrath was owned by eight brothers and sisters and the four brothers—Bob Borgstrom, Jr., Mark Borgstrom, Chris Borgstrom and Jeff Borgstrom—operated the business. McGrath was an authorized Savin (Ricoh) dealer serving customers throughout the Joliet and Morris market (southwest of Chicago) with document management solutions, including selling and servicing copiers, printers, fax and multifunctional devices. McGrath also was a HON furniture and Essendant office products distributor.
About Image Systems and Business Solutions LLC
Image Systems & Business Solutions LLC (ISBS), headquartered in Elk Grove, IL (northwest of Chicago) is owned and operated by David Boelter. ISBS has four operating locations and has been servings customers in the Greater Chicago market since 2005. ISBS provides customers with document management and technology solutions, including office equipment (copiers, printers, fax and multi-functional devices), managed print solutions, managed IT services, telephony solutions and office supplies.
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 #1 M&A authority in the office products industry. Mike Dudek and Rich Wisniewski are authors of over 500 consummated M&A transactions including many technology services acquisitions during their careers. Prior to founding Zygoquest, Mike Dudek was vice president of acquisitions for IKON Office Solutions, a $5.5 billion NYSE company acquired by Ricoh Corporation. Mike 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.
