Visual Edge Technology has acquired A-COPI Imaging Systems, a provider of Toshiba, HP, KIP, and Lexmark office products in northern New England, with three locations across Maine in Bangor, Gardiner, and Portland. In addition, A-COPI offers a full array of managed print and managed IT services.
A-COPI was formed from a series of acquisitions itself: Apgar Imaging Systems, Kinney Office Systems, and Excel Office Systems.
As part of the deal, A-COPI will remain an independent operating company with advisory support from Visual Edge-owned Axion Business Technologies. A-COPI’s 26 employees, including the company’s president and chief executive officer, Robin Spencer, his two sons, the sales manager Ben Spencer, the administration and contracts manager, Evan Spencer, and the chief financial officer, Matthew Bennett, will all remain.
“Visual Edge likes buying family businesses, and we like to keep the family members in it; we encourage that,” says Robert Ferland, president of Axion Business Technologies. “Post close, family not only stays with the business, but they also have much larger growth opportunities for the future.”
With A-COPI founder, Robin Spencer, staying on, the company will continue to build its long relationship with Toshiba, with hopes of expanding existing hardware and software service offerings, according to a Visual Edge press release.
If my memory serves me well, this is the seventh Visual Edge acquisition this year. All signs and conversations with Visual Edge personnel indicate that the acquisition frenzy will continue throughout the rest of the year. Any guesses as to who else they might be adding to the Visual Edge family, or as they like to put it, “the Visual Edge Strategy?”
Access Related Content