Add-on Acquisition • Information Technology

Konica Minolta Acquires Symquest Group

On June 2, 2015, Konica Minolta acquired information technology company Symquest Group

Acquisition Context
  • This is Konica Minolta’s 5th transaction in the Information Technology sector.
  • This is Konica Minolta’s 6th transaction in the United States.
  • This is Konica Minolta’s 1st transaction in Vermont.

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M&A Deal Summary

Date June 2, 2015
Target Symquest Group
Sector Information Technology
Buyer(s) Konica Minolta
Deal Type Add-on Acquisition

Target Company

Symquest Group

South Burlington, Vermont, United States
Symquest Group, Inc. is a provider of hybrid dealer engaged in managed IT services and document solution. Symquest designs, installs, and supports business technologies that handle the information flow of electronic and physical communications.
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Buyer Overview 1

Buyer

Konica Minolta

Tokyo, Japan

Category Company
Founded 1873
Sector Technology Hardware
Employees39,378
Revenue 1.13T JPY (2025)
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 Context for Buyer #
Overall 11 of 26
Sector: Information Technology 5 of 12
Type: Add-on Acquisition 10 of 25
State: Vermont 1 of 1
Country: United States 6 of 18
Year: 2015 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-11 Ergo Asia Pty

Sydney, Australia

Ergo Asia Pty Ltd. is a marketing production management services provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-24 Radiant Vision Systems

Redmond, Washington, United States

Radiant Vision Systems LLC is a designer, tester and measurement business for creating optical systems and measuring light and color.

Buy -