DEX Imaging buys Image 2000 to enter California and Nevada
What's the deal? DEX ImagingDealroom has a profile for this one. Try Dealroom → has acquired Image 2000Dealroom has a profile for this one. Try Dealroom →, a Valencia, California-based document imaging dealer with eight branches across Northern and Southern California and Las Vegas, Nevada. Terms were not disclosed.
Who's who? DEX Imaging is the largest independent US dealer of document imaging technology, managed print, and managed IT services. Founded in 1992, Image 2000 sells and services SharpDealroom has a profile for this one. Try Dealroom →, HP, KyoceraDealroom has a profile for this one. Try Dealroom →, and CanonDealroom has a profile for this one. Try Dealroom → products, plus VoIP, mailing equipment, and managed print services.
Why now? The deal is DEX's sixth acquisition of the year and its first move into California and Nevada. It gives the company an immediate foothold in two states it had not served.
The expansion angle: With Image 2000's branch network, DEX extends its coverage westward across two large markets in a single transaction. "The acquisition of Image 2000 secures our westward expansion into California and Nevada, regions that represent key demographic and geographic markets essential to our nationwide growth," said chief executive officer Dan Doyle, Jr.
What's the endgame? DEX is building a nationwide footprint in document technology and managed services. Buying established regional dealers lets it add customers and service teams without building from scratch.
The signal: The office imaging sector continues to consolidate as independent dealers scale through acquisition. For DEX, a run of six deals in one year points to an aggressive push toward national coverage.
Read more: thecannatareport.com
Image credit: Matt Moloney
