M&A Deal Summary

Global Imaging Systems Acquires Stewart Industries

On November 15, 2004, Global Imaging Systems acquired technology hardware company Stewart Industries

Acquisition Highlights
  • This is Global Imaging Systems’ 1st transaction in the Technology Hardware sector.
  • This is Global Imaging Systems’ 3rd transaction in the United States.
  • This is Global Imaging Systems’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2004-11-15
Target Stewart Industries
Sector Technology Hardware
Buyer(s) Global Imaging Systems
Deal Type Add-on Acquisition

Target

Stewart Industries

Mount Laurel, New Jersey, United States
Stewart Industries is a provider of office technology throughout the state. Stewart sells and services Savin copiers, facsimiles and printers from five New Jersey locations

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Buyer(S) 1

Buyer

Global Imaging Systems

Tampa, Florida, United States
Category Company
Founded 1994
Sector Technology Hardware
Employees4,230
DESCRIPTION

Global Imaging Systems, Inc. is a provider of business technology solutions. GIS companies sell and service Document Management Systems including printers, multifunction devices and copiers; Network Integration Services; Software Solutions; and Audio Visual & Video Conferencing Systems

DEAL STATS #
Overall 3 of 38
Sector (Technology Hardware) 1 of 18
Type (Add-on Acquisition) 3 of 37
State (New Jersey) 1 of 2
Country (United States) 3 of 38
Year (2004) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-10 Imagine Technology Group

Chicago, Illinois, United States

Imagine Technology Group, Inc. is a boutique style national recruiting firm primarily focused on sales and marketing professionals from executive level to highly specialized sales professionals, including management professionals, sales professionals’ pre and post sales support, marketing and product managers. Imagine Technology Group was founded in 1997 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-18 W.I. McKendree

Norfolk, Virginia, United States

W.I. McKendree Co., Inc. sells and services Savin copiers and facsimile machines, Riso duplicators and Hasler mailing equipment.

Buy -
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