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  6. Flex Technology Group Acquires Laser Technologies Service

M&A Deal Summary

Flex Technology Group Acquires Laser Technologies Service

On September 18, 2019, Flex Technology Group acquired information technology company Laser Technologies Service

Acquisition Highlights
  • This is Flex Technology Group’s 3rd transaction in the Information Technology sector.
  • This is Flex Technology Group’s 8th transaction in the United States.
  • This is Flex Technology Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-09-18
Target Laser Technologies Service
Sector Information Technology
Buyer(s) Flex Technology Group
Deal Type Add-on Acquisition

Target

Laser Technologies Service

Concord, Massachusetts, United States
Laser Technologies Service is a Xerox Authorized Dealer and HP Gold Imaging Partner with experience in managing large printer fleets for corporate clients in the greater Boston area. The company provides visibility, improves efficiency and reduces operating costs related to producing and managing documents. Laser Technologies Service was formed in 1999 and is based in Concord, Massachusetts.

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Buyer(S) 1

Buyer

Flex Technology Group

Mesa, Arizona, United States
Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

Flex Technology Group is a provider of customized office technology solutions for national and leading-edge regional companies. Flex Technology Group focuses on print, document management, document production and managed IT solutions, representing industry-leading suppliers such as Canon, Ricoh, Konica Minolta, HP, Lexmark, Sharp, and various software solutions. Flex Technology Group was founded in 2005 and is based in Mesa, Arizona.

DEAL STATS #
Overall 8 of 8
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 8 of 8
State: Massachusetts M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-13 Millennium Business Systems

Cincinnati, Ohio, United States

Millennium Business Systems, Inc. is a premier office technology provider to partner with industry giants such as Sharp, Lexmark, Papercut, Square 9, HP and Dahle. Millennium Business Systems currently ranks as the 15th largest Sharp dealer out of 680 dealers in the United States, the 6th largest in the Central Region and #1 in the State of Ohio.

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