M&A Deal Summary

Ricoh Acquires Cenero

On September 14, 2022, Ricoh acquired information technology company Cenero

Acquisition Highlights
  • This is Ricoh’s 5th transaction in the Information Technology sector.
  • This is Ricoh’s 7th transaction in the United States.
  • This is Ricoh’s 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2022-09-14
Target Cenero
Sector Information Technology
Buyer(s) Ricoh
Deal Type Add-on Acquisition

Target

Cenero

Malvern, Pennsylvania, United States
Cenero is a provider of audio-visual, unified communications, and IT solutions. Cenero's suite of solutions includes systems design and delivery, as well as managed services. Cenero was founded in 1999 and is based in Malvern, Pennsylvania.

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Buyer(S) 1

Buyer

Ricoh

Tokyo, Japan

Category Company
Founded 1936
Sector Technology Hardware
Employees79,544
Revenue 2.35T JPY (2024)
DESCRIPTION

Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Ricoh was founded in 1936 and is based in Tokyo, Japan.


DEAL STATS #
Overall 15 of 16
Sector (Information Technology) 5 of 6
Type (Add-on Acquisition) 12 of 13
State (Pennsylvania) 2 of 2
Country (United States) 7 of 7
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-28 PFU

Kahoku City, Japan

PFU designs, develops, and manufactures hardware and software such as image scanners and computer products, and designs, builds, operates, and maintains each business system. PFU was formed in 1960 and is based in Kahoku City, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-22 Natif.ai

Saarbrücken, Germany

Natif.ai is a software startup company offering artificial intelligence (AI)-enabled Intelligent Capture, advanced image recognition, and optical character recognition (OCR) technologies. Natif.ai was formed in 2019 and is based in Saarbrücken, Germany.

Buy -