M&A Deal Summary

Konica Minolta Acquires Action Business Systems

On April 21, 2016, Konica Minolta acquired technology hardware company Action Business Systems

Acquisition Highlights
  • This is Konica Minolta’s 2nd transaction in the Technology Hardware sector.
  • This is Konica Minolta’s 10th transaction in the United States.
  • This is Konica Minolta’s 1st transaction in Maryland.

M&A Deal Summary
Date 2016-04-21
Target Action Business Systems
Sector Technology Hardware
Buyer(s) Konica Minolta
Deal Type Add-on Acquisition

Target

Action Business Systems

Baltimore, Maryland, United States
Action Business Systems, Inc. is an office equipment dealer that provides digital copiers, multifunction printers and fax machines to businesses. Action Business Systems, Inc. was founded in 1979 and is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Konica Minolta

Tokyo, Japan
Category Company
Founded 1873
Sector Technology Hardware
Employees39,378
Revenue 1.16T JPY (2024)
DESCRIPTION
Konica Minolta office building in North Sydney, Australia.
Konica Minolta office building in North Sydney, Australia.

Konica Minolta is a manufacturer of copiers, laser printers, multi-functional peripherals and digital print systems. Konica Minolta was founded in 1873 and is based in Tokyo, Japan.

DEAL STATS #
Overall 17 of 26
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 16 of 25
State (Maryland) 1 of 3
Country (United States) 10 of 18
Year (2016) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 Meridian Imaging Solutions

Alexandria, Virginia, United States

Meridian Imaging Solutions, Inc. is a hybrid company with managed print and IT Services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 ProcessFlows Holdings

Hampshire, United Kingdom

ProcessFlows Holdings Ltd. is an IT service company which is strong with managed contents services. ProcessFlows is a provider of solutions and services designed to improve business processes and communications.

Buy -
Mergr

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