M&A Deal Summary

Centric Business Systems Acquires Carefree Office Technology

On May 9, 2019, Centric Business Systems acquired consumer products company Carefree Office Technology

Acquisition Highlights
  • This is Centric Business Systems’ 1st transaction in the Consumer Products sector.
  • This is Centric Business Systems’ 1st transaction in the United States.
  • This is Centric Business Systems’ 1st transaction in Virginia.

M&A Deal Summary
Date 2019-05-09
Target Carefree Office Technology
Sector Consumer Products
Buyer(s) Centric Business Systems
Deal Type Add-on Acquisition

Target

Carefree Office Technology

Fairfax, Virginia, United States
Carefree Office Technology, Inc. is a local, Veteran Marine–owned and independent Managed Print Services provider focused on helping clients understand their unique costs associated with document output in their office environments.

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Buyer(S) 1

Buyer

Centric Business Systems

Owings Mills, Maryland, United States
Category Company
Sector Consumer Products
DESCRIPTION

Centric Business Systems, Inc. is an award-winning document management company that specializes in providing the most innovative hardware and software office technology. As one of the largest providers in the nation, Centric offers a full range of products from Sharp, Ricoh and HP. Since 1990, the company has grown in double digits every year. Backed by its unwavering commitment to service, Centric continues to grow into the Maryland and DC marketplace.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

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