Oval Partners, a San Francisco-based, multifamily office private equity firm, and FlexPrint LLC have announced a new partnership with Century Business Services, a Konica Minolta dealer.
“Century Business Services has an impressive business model that’s proven successful for the last 20 years. The company and its culture align perfectly with our growth initiatives,” said Frank Gaspari, CEO of FlexPrint LLC. “Along with Caltronics Business Systems, we will greatly expand our market share in the California marketplace. Bill Freeman and Steve Hecht have built a winning team at Century, which can be seen by the company’s growing national customer base.
“We are extremely excited to join the Flex Technology Group & work closely with Caltronics Business Systems,” said Bill Freeman, CEO and president of Century Business Services. “As a united team, we will no doubt speed up our growth initiatives, gain market share, improve our customers’ experiences and open up exciting career paths for our hardworking employees.”
Century Business Services will roll under Caltronics Business Systems but will continue to operate independently while leveraging the resources of the combined group. Century’s executive team will remain in their leadership roles to ensure the company’s continued success in serving its employees, customers and community. Mr. Freeman will be an equity holder in FlexPrint LLC.
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