Marco

State of the Dealer Union: The Virtues of Moving to the Middle

Watching Tuesday night’s State of the Union address by President Trump, I was struck by the theater of the event. These addresses are always a major production, complete with guests who personify certain talking points the commander in chief wishes to emphasize. These citations
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One Final Look Back: How Events of 2019 Shaped the Dealer Universe Going Forward

Hard to believe, but we’ve almost clicked off the first full month of 2020. For those of us who still write paper checks, it’s time to stop scribbling out 2019 and get with the New Year. Ah, but were it not for the lessons delivered by 2019, we would be ill-equipped to deal with
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Two-Minute Drill: Marco President Doug Albregts Discusses First 100 Days on Job

The Super Bowl is just around the corner, so it seemed like a good idea to name our newest editorial feature, the Two-Minute Drill, in its honor. The TMD is a bite-sized Q&A geared at providing you with an overview of our industry’s top newsmakers. You’ll get the lowdown on
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What’s Going On, 2020 Style: Every Corner of the Office Technology Community Weighs In

Coming off a 2019 that witnessed a dizzying degree of M&A activity from players large and small across our humble industry, it will be interesting to see what the new year holds in store. But if 2020 is anything resembling its predecessor, fasten your seat belts and hold on
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Zygoquest Group Advised Image Systems for Business on Sale to Marco

Downingtown, PA (Dec. 19, 2019) — Mike Dudek and Rich Wisniewski of Zygoquest Group “seeking to unite” served as the advisor to Image Systems for Business and its owners Arthur and Susan Schwartz on the sale of assets to Marco. The terms of the transaction are
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Marco Purchases Image Systems for Business in New Jersey

St. Cloud, MN (Dec. 17, 2019) — Marco announced today its acquisition of Image Systems for Business, Inc., a copier/printer company in Somerset, New Jersey, that has been in business since 1987. Marco’s sales and service team will serve and support clients from Image Systems’
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Recent Marco Promotions Strengthen Company’s Growth Plan

St. Cloud, MN (Dec. 18, 2019) — Marco’s leadership team is growing with four new promotions to help expand and enhance the company’s offerings. The changes include a new chief technology officer and three new vice presidents in information technology and sales. “These promotions
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Marco Partners with 123Net in Michigan, Provides Reliability for Local Businesses

Troy, MI (Oct. 28, 2019) — Creating partnerships within a community isn’t just good business, it’s necessary for success. That is why Marco is teaming up with 123Net to provide increased bandwidth and reliability with business fiber internet connection for clients. 123Net has a
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Konica Minolta Partners with Marco to Provide UW-Stout In-Kind Digital Press, Support Services

St. Cloud, MN (Oct. 7, 2019) — Konica Minolta Business Solutions, U.S.A. Inc. has partnered with Marco to provide the University of Wisconsin-Stout with an in-kind gift of the use of an AccurioPress C2070 digital press, a 70 page per minute, dry-toner press that will allow
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Marco Exceeds United Way Campaign Goal, Raises $275,000

St. Cloud, MN (Oct. 8, 2019) — When it comes to giving back to the community, outer space is the limit for Marco employees. Marco’s 2019 United Way Campaign exceeded its goal of $230,000 and raised $275,000 across all Marco locations. The theme of this year’s campaign was Mission
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Marco Taps Doug Albregts as President to Lead National Growth Strategy

Marco, a leading technology services provider in the United States, announced today that former Sharp Electronics America CEO Doug Albregts has been named president of Marco. Albregts joins the executive team, led by CEO Jeff Gau, to help shape and execute the company’s continued
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From Taxes to Integration Concerns, Some Random Bits and Pieces on M&A

While we could discuss the ins and outs of the merger and acquisition theater on a weekly basis, alas, this week marks our final look at the subject for now, at least in terms of our state of the industry focus. You can check out the news section of our website, along with The
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Crystal Ball: Recession or No, M&A Activity has Healthy Short-Term Outlook

In the last week or so, talks of a recession have become louder, though not everyone agrees that the indicators are pointing toward the big R. A story in the Wall Street Journal earlier this week pointed out that stocks declined the previous week after the 10-year Treasury yield
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The M&A Numbers Game: What is My Business Worth?

Want a fun exercise? Try saying the words that comprise EBITDA as fast as you can, even just once. Earnings before interest, taxes, depreciation and amortization. By the second or third try, it sounds almost robotic. Perhaps it’s appropriate, because we’re talking about cold,
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Marco Maverick Steve Gau Slants Unconventional, but this Difference Maker Keeps Work Fun

Walk into Steve Gau’s office, and you might find a framed picture of John McCain on the wall. Gau is an unabashed fan of the late senator’s free-wheeling, maverick style. That conjures images of a nonconformist, an unconventional free-spirited individual. And that’s just
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